December 7 Market Analysis
Currently, the top ten market cap varieties are all above the four-hour lifeline, focusing on short-term long positions through low buying, and it is temporarily not advisable to open short positions.
However, it is important to note the Bank of Japan's interest rate decision on the 19th, with the market generally expecting an interest rate hike. The correction in the first half of this year also started with the Bank of Japan's interest rate hike. A similar plunge occurred 10 days before the peak at that time, with the peak seen 5 days before the Bank of Japan's interest rate hike.
This is an event that requires attention; the Bank of Japan's interest rate hike has a significant impact.
