In fact, to be honest, I don't think the current decline is a negative reaction to the interest rate landing, but rather an expectation of the Japanese interest rate decision at 11 o'clock.
If Japan raises interest rates, it would be like running ahead of time, and no matter what, it wouldn't cause a situation like on the 8th. After all, everyone has their expectations.
Similarly, if the interest rate remains unchanged, it would be a positive for the cryptocurrency market!
Let's pay attention to the interest rate decision at 11 o'clock.