Trump's words, a new trend for the market? The suspense from the Fed Chair ignites the crypto world
Just now, Trump's words blew up the market — "I have finalized the candidate for the new Fed Chair!" In just a few words, the K-line followed his heartbeat. Even crazier, on the same day, social networks were going wild: Powell might resign in an emergency meeting tonight! Although there has been no official movement, this fire has already reached the White House doorstep.
How chaotic is the situation now?
1. Trump stated: "I know the candidate, but I can't say it now" — the market fears uncertainty the most
2. Powell's "resignation": it went viral that an emergency meeting on Monday would announce his resignation, but mainstream media remained silent
3. Hassett caught in the crossfire: the White House economic advisor was exposed as a popular candidate, and he quickly responded, "It's all rumors"
Why did the market crash in an instant?
· Although Powell is criticized, at least the policy is predictable
· If the new chair is indeed a Trump confidant, interest rate cuts may accelerate next year
· The crypto market fears macro black swans the most, a single statement can trigger a leverage crash
What to watch closely next? $ETH
1. Was there really an "emergency meeting" on Monday night?
2. When will Trump announce the candidate (possibly around the election debate)?
3. If Powell truly leaves, will there be a split within the Fed?
The current market is like Trump's Twitter — you never know what the next sentence will be. The only certainty is: in the face of macro bombs, technical analysis temporarily fails.
Let's discuss in the comments: who do you think the new chair will be? Is the market's reaction overblown or foresighted? 👇
