Economist Fred Krueger has dismissed concerns that Japan's recent interest rate hike will negatively impact Bitcoin. He emphasized that Japan's economic model is distinct from that of the U.S., with the 10-year bond yield increase to 2% representing a gradual normalization process. Krueger pointed out that Japanese insurers have historically invested in U.S. Treasuries and managed risks effectively, indicating stability despite rising rates. Krueger further suggested that while Japan's move might slightly elevate short-term rates, it is unlikely to fully normalize as seen in Western economies. He asserted that Bitcoin is not expected to experience sudden shocks, and conservative institutions might even consider it a low-correlation asset. Current open interest analysis shows no significant changes, with key support and resistance levels for Bitcoin remaining stable.