$ETH Ultimate Betrayal? Hassett Just Appointed and Already 'Defects', Market Hit Hard!
Crypto friends, this show is getting more exciting! Hassett, seen as Trump’s ‘water puppet’, hasn’t even officially taken office yet, and suddenly declares: the president’s opinion ‘carries no weight’, the independence of the Federal Reserve is paramount! Does this sound familiar? That’s right, every candidate for Federal Reserve chair has made similar ‘independence declarations’, but this time it’s particularly jarring.
This reveals a chilling signal: even loyalists dare not wear the ‘presidential puppet’ hat in front of everyone. What does this mean? It means that the market's previous wild bet on the script of ‘wherever Trump points, Hassett follows’ may just be wishful thinking. The so-called ‘super dove’ may have been a fantasy woven by the market from the start.
For the crypto world, this is akin to a precise strike on ‘expectation management’. The two main pillars supporting market sentiment—‘regulatory relaxation’ and ‘liquidity flooding’—one of which has already started to show cracks. When the most anticipated ‘big liquidity source’ may self-limit, those narratives purely based on liquidity speculation will be the first to suffer.
The Swiss God has pierced through this performance: in the game of power, true loyalty often hides in seemingly treacherous declarations. Hassett’s move may not be to maintain independence, but to more smoothly obtain that position needing an ‘independent’ endorsement.
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