Recently, there has been a growing rumor: the Federal Reserve may be changing leadership. This is not gossip; even China International Capital Corporation has started analyzing, saying that if Trump comes to power, he is likely to promote Hassett.

This candidate is crucial. If he takes office in the first quarter of next year and immediately 'doves', the dollar may weaken in the short term, and the hot money looking for opportunities worldwide could easily flow into the cryptocurrency market, which is high in volatility and liquidity. The market may be ignited very quickly.

But don’t get too excited just because you hear this. The enthusiasm brought about by policy expectations often comes quickly and goes just as quickly. Once subsequent economic data fluctuates or inflation rises again, the direction can change. By that time, the speed at which funds withdraw could be much faster than you imagine, and market volatility will only become more intense.

So what should ordinary players do?

First, don’t treat news as operational instructions. Hearing 'doves' and jumping in with a full position is like handing your fate over to news headlines. The transmission of policy is curved, not linear, and there are too many variables in between.

Second, focus on two key things. One is the first public speech of the new chairman after taking office; his tone—hawkish or dovish—will determine short-term sentiment. The second is several core U.S. data points—employment and inflation—these are the real guiding indicators of fund flows.

Third, always remember that strategy is more important than betting. Don’t gamble on a one-sided bet. Use logic that you can understand, hold onto your main position that you can manage. Keep a portion of your funds in reserve; if the market experiences irrational sell-offs due to chaotic expectations, that would be the time for you to act.

The current phase can be understood as: the wind is already on the way, but whether you can benefit from it depends on whether you are still at the table and whether you have chips in hand.

When it’s dark, having a light helps you see the changes in macro winds; when it rains, having an umbrella means you always have your principal and clear position management in the market. Stay steady, see you next step. #美联储重启降息步伐 #美SEC推动加密创新监管 #美联储会议