The crypto market has crashed massively over the last 48 hours. What is going on and why have we seen the crash and is there more downside to go? Now the crypto stock market crash has come massively due to the Japanese that have increased their interest rates but let me explain why they've done this and why it's caused a massive crash not only in the Japanese stock market, the traditional stock market and also crypto as well. Now as most of you know the Japanese yen has been losing value for over 30 years, it's the lowest it has ever been and the Japanese have consistently kept interest rates at zero. Now many investors have taken advantage of this by borrowing the Japanese yen and zero interest rates and then buying stocks and shares in the US market but also real estate and other assets internationally. Which sounds great, you borrow money for nothing, you buy things that appreciate in value, equals profit right? But here's where it starts unraveling. The Japanese monetary policy has had to tighten due to its inflation so the current carry trade that people are doing at the moment is unraveling and that's because the interest rate exerts upward pressure for the yen, strengthening the currency which means more people now want to buy the yen as opposed to borrow against it. Higher borrowing rates, less yen borrowed, less supply, more upward pressure for the yen and that's why we're seeing this huge collapse in the USD JPY. Now because the yen is so much stronger now you now owe more than 10% in USD terms just over the last few weeks and that is why the stock market is crashing because people need to sell their assets to then pay back the loan and that is why we're seeing a massive sell-off in assets and then obviously the added pressure to the retail being really fearful right now is adding to that and people are panic selling. Now here's where the opportunity lies. Long-term crypto we're still bullish, we're still up on the yearly, we're 80% up on Bitcoin, 30% up in Ethereum. This is the perfect opportunity that if you're liquid and you've got cash on the side you can buy Bitcoin at a fire sale of a price. If in doubt zoom out. When the crypto markets are red and fearful this is when you should be greedy. Leverage at the moment is being wiped out so we've got a clean slate to build back up again and we're already seeing the price of Bitcoin recover quite nicely. Now there's no clear reversal pattern, there isn't enough data for me to say that we're in a reversal territory so could we continue to go down? That is a possibility. This is reminding me a lot of the Covid crash of 2020. Remember when everyone thought it was the end of the world and Bitcoin went down to 3k? Now if you would have bought in that position you would be insanely profitable right now and my spidey senses are telling me that this might be one of those opportunities. There is a lot of fear, uncertainty and doubt in the markets right now. There is a lot going on with geopolitics and macroeconomics. What the problem people have is they don't have a long-term perspective. This is short-term pain and will eventually lead to long-term gain. Take advantage of these opportunities guys.