I recently published an analysis on how a potential rate hike by the Bank of Japan could trigger a chain reaction in the markets. Unexpectedly, the platform’s customer service reached out to verify the data sources. I found this quite interesting, so I’d like to take this opportunity to talk about how we should view all the predictions flying around in today’s information-overloaded market.

The feedback from customer service was essentially a standard fact-checking report. They confirmed two key points: there is public reporting to support the possibility of a Bank of Japan rate hike in December, and the figure of $3.5 billion in net outflows from ETH-related ETFs in November can also be traced to a valid source. This shows that the article’s basic information wasn’t fabricated.

But here’s where it gets interesting. Regarding the “$19 trillion carry trade volume,” customer service took a very nuanced stance—they said it’s a “broad estimate, with significant discrepancies between institutions’ definitions.” Notice, they didn’t say the number was wrong; rather, they were reminding me that these massive macro figures are not meant to be precise down to the decimal point. Instead, they serve to illustrate the general scale of things. It’s like calling an industry a “$100 billion market cap”—whether it’s $120 billion or $80 billion doesn’t really change your fundamental sense of its size.

The customer service’s final conclusion was particularly thought-provoking: “The data has a basis, but interpretation and prediction are subjective.” This draws a clear line—data is static and can be verified; but the impact that data might have, and how the market will react, is dynamic and a matter of judgment.

Honestly, no platform will endorse your investment decisions. But at least this exchange reassured me of one thing: compared to those wild rumors people just throw out, at least I try to build a logical framework using traceable sources. The data might not be perfect, the interpretation is certainly biased, but at least it’s not made up out of thin air.

In this market, blindly trusting influencer predictions or completely ignoring information are both risky. Perhaps the more reliable approach is: whenever you see a viewpoint, ask where its data comes from and whether its logic holds up. As for whether prices ultimately rise or fall—that’s for the market to decide, not any article.

The Bank of Japan’s actions are still ongoing, and ETH fund flows are also shifting. Data will be updated, judgments will be revised, but the habit of verifying information sources should last longer than any single prediction.