On February 6, news reports indicate that amid tightening global macroeconomic conditions, the Bank of Japan (BOJ) has once again signaled a hawkish stance internally, leading to a rapid increase in market expectations for an early rate hike. This move is believed to potentially further suppress high-risk asset performance and adds new uncertainties to the already pressured cryptocurrency market. According to Bloomberg, BOJ Board Member Yuki Yamaguchi stated that in order to complete the process of normalizing monetary policy, it is necessary to continue raising the benchmark interest rate to address inflationary pressures. He emphasized that keeping inflation near the 2% target remains a core task. This statement reinforced market expectations of a tightening stance by the BOJ and also sparked speculation about a possible rate hike as early as April.