According to CoinMeta, Barclays stated that if the expectation of the Bank of Japan accelerating interest rate hikes is not fulfilled, and Japanese pension funds fail to shift their investments to domestic assets as expected, the recent strong upward trend of the yen could reverse, with the US dollar against the yen possibly returning to the high range above 150. Barclays warns that for the yen to appreciate further, the Bank of Japan may need to send hawkish signals beyond what is already anticipated. In addition, the bank pointed out that interest rate differentials, the risk premium in the Japanese stock market, concerns about the Abe administration's policies, and structural selling of the yen continue to pose obstacles to the continued appreciation of the yen.