USD/JPY don fall as Japan warn say dem fit intervene, e reverse di yen rally

USD/JPY commot from one multi‑month high near 152.50 after Japanese oga dem, including Masato Kanda, don renew intervention warnings make dem wan curb too much FX waka. That signal make sharp reversal: USD/JPY drop pass 150 pips for one session, wipe away weeks of gains. For crypto traders, di main link na intervention‑style talk for USD/JPY fit quick‑quick unwind carry trades, squeeze yen funding and raise hedging/risk‑off pressure. The move get support from fundamentals and positioning. Japan CPI climb 2.8% YoY, keep BOJ normalization expectations for ground, while BOJ meeting minutes show disagreement about pace of hikes. Technicals too flag 152.50 as big resistance, trigger stop‑loss selling, and risk sentiment cool as equities ease. Policy expectations still be driver. BOJ end negative rates in March 2024, but future hikes depend on data; market pricing for possible July hike rise after CPI reading. If Fed shift dovish again, dollar fit weaken more. Technically, USD/JPY break below 151.00, with 149.50 (50‑day MA) and 148.00 in focus, while resistance remain at 152.00 and 152.50. For BTC, article talk say e steady-ish. Still, USD/JPY volatility fit spill into wider risk conditions wey normally affect crypto sentiment.