Amid the possibility of the US interest rate hike for the first time in 3 years, X-Win Research Japan analyzed that whether BTC selling pressure is absorbed is more important than the interest rate hike itself. He emphasized, "Referring to the BTC flow in 2023, rather than interest rates, whether loss-taking selling continued and whether new buying absorbed it were key factors determining the market direction. When judging market direction, one should not approach it solely based on the headline of an interest rate hike."
