Looking at the short to medium term interest rates in Japanese Yen and US Dollar, it is almost certain that the Fed will cut rates and the Bank of Japan will raise rates. The market is expected to be seeing this, so I would like to organize the recent trading process.
In carry trade, it has been reasonable globally to borrow low-interest assets and invest in high-interest assets to make a profit. Therefore, it was logical to borrow the low-interest Yen and invest in the high-interest Dollar.
Considering the recent policy changes of the Fed and the Bank of Japan, the flow has reversed, leading to a stronger Yen and weaker Dollar, reaching levels around 140 Yen per Dollar. It is now considered theoretically optimal to sell Dollars and buy Yen. In the very short term, I believe that Tokyo's price index and personnel changes in the US new administration were significant factors driving this.
Even if the Japanese yen interest rate reaches 0.5% and the U.S. interest rate reaches 3.5%, there is still a 3% interest rate difference between the two, so it is not enough to completely reverse carry trades. Therefore, it is anticipated that temporary yen strength and dollar weakness will occur, but this is expected to be limited. Even if the interest rate difference between the two disappears in the future, it is expected to happen quite far in the future, and during that time, the relative interest rates...

I think it was a month that tested the ability to adapt to change. I think we were able to ride the waves caused by the new President being decided.
①Cryptocurrency, the biggest wave. It was good to be able to ride the waves of MSTR and other related stocks. Also, the holdings of bitcoin and ethereum benefited.
The wave of AI: A shift from semiconductors to those who utilize AI was observed. It was significant to be able to promptly abandon semiconductors and move funds to Reddit, applovin corp class a, and Palantir.
③Waves of mid and small-cap stocks. There were many small stocks that surged due to corporate tax cuts, but the high volatility made it difficult for me, an amateur, to capitalize on most of them. I wish I could allocate more funds to these. This is a future challenge.

I understand taking profits, but when calculating at 0.09 million5000 per Bitcoin, well, it looks like this.
Everyone in the bullish camp, like Oyabin (my mentor in this thread. 🙇 I think of him that way), believes in holding with the same mindset as me. Please provide arguments and different opinions. Thank you! It will help with policy adjustments.