Analysis: The excessive expansion of long positions in the yen may drive BTC and NASDAQ to stabilize
ChainCatcher news, according to CoinDesk, analysts point out that long positions in the Japanese yen have reached extreme levels, which may provide some support for Bitcoin (BTC) and the NASDAQ index.Market observers believe that if the yen pulls back, funds may flow into other asset classes, including U.S. tech stocks and the crypto market, which could help stabilize BTC and NASDAQ. Currently, investors are closely monitoring the macroeconomic environment and foreign exchange market dynamics to assess potential market trends.