Yen pain = BTC pain ahead
USD/JPY smashing through 160 means macro risk is cycling back. I'm waiting for BTC to crack below the recent range low before adding shorts.
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Yen carry trade unwind coming?
The yen is getting destroyed despite record intervention. That’s a sign the dollar is king and risk-on will get squeezed. I’m watching BTC closely — if it loses the 62272 range low, that’s my trigger to go short.
Plan: short BTC below 62250, stop at 63250, target 61000. Invalidation is a break above 64700. Ready for the chop. 🚀

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