
JAPENSE YEN: They say the house always wins. Scott Bessent just claimed he is the house on the yen. Japan’s answer is a stronger yen + a BoJ hike. That’s not a slogan. That’s a funding-cost shock. Yen carry funded risk for years. When JPY rips, those books cut the most liquid high-beta first. BTC is that asset. It trades 24/7. It gets sold to meet the margin call. Price is ~$78k. CoinGlass-style maps already flag ~$1.0–1.5B long intensity into the mid-$74ks–$76k. $71k is another 9% down. That’s where a lot of 10x longs opened up here get taken out. Not saying it dumps there tomorrow. Saying the path of least resistance is a liquidity hunt lower into the BoJ window. Yen. Rates. Liquidation map. Same trade. $71k is on the itinerary. I have placed serval long orders from 72k to 70K. #BTC #YEN #YUTO
