#MarketDownturn
The 2024 short crisis was triggered by Japan.
The US cannot cut its own interest rates without affecting other countries, this impact is most visible in Japan. The use of USD to bring down the Japanese economy through USD depreciation + rotten "Carry trade" + BOJ policy errors = crisis.
When the Japanese market rebounds, everything will rebound from Asian stocks to crypto. Because this drawdown was triggered by Japan. Japan's Ministry of Finance will sell 2.6 trillion yen bonds maturing in June 2034 after the 10-year yield slid 20.5bps on Monday.
The market will rebound.
