The recent market rumors of "Powell resigning" now seem more like a meticulously designed political stunt.

First, let's get to the conclusion: Is Powell suddenly stepping down on Monday night? This matter is not yet set in stone. The news first came from the crypto community and Twitter, but if you check Bloomberg and the Wall Street Journal, you won't find any related reports at all. In this situation, there's an eighty to ninety percent chance that the market is fermenting by itself.

What is truly noteworthy is the actions coming from Trump’s side—he has publicly stated that "he has a candidate for the next Federal Reserve Chair in mind" and that it will be officially announced soon. This is not to be taken lightly.

**Key figures come to light**

The most talked-about successor right now is Kevin Hassett, the head of the White House Council of Economic Advisers. Although he himself is being vague with the media, saying that these are just rumors, the direction in Washington is already quite clear.

The timing is also quite subtle: Powell has a public speaking engagement scheduled for 9 AM on Tuesday. Although the official agenda has not been disclosed, this speech essentially serves as a litmus test to verify the truth of the rumors.

**The Real Gameplay of This Game**

Don't be too quick to judge whether Powell will really resign. You need to understand what kind of game Trump is playing— even if Powell's term theoretically lasts until 2026, announcing a successor ahead of time can significantly undermine the current chairman's influence. This move is called the "shadow chairman strategy," aimed at pressuring the Federal Reserve to align more closely with the White House's economic expansion plans in future decisions.

Why is the market so sensitive? Because Hassett's policy inclinations are well known. This guy was one of the main architects of the 2017 tax cut legislation, and his tolerance for inflation is clearly higher than Powell's, as he is more willing to sacrifice some price stability for economic growth.

**What it means for the cryptocurrency market**

If the policy really shifts towards a dovish direction, it will definitely be positive for risk assets in the short term. #ETH走势分析 , $BTC , $ETH these mainstream cryptocurrencies may welcome the expectation of improved liquidity trading. That being said, a real policy shift will not happen overnight; right now, the market is more about speculating on expectations.

Tuesday's speech will be the first observation window. If Powell avoids the main issues or simply does not respond to the rumors, the market's guessing game will have to continue; if he directly counters, it may cool speculative sentiment in the short term.

Regardless, the tug-of-war surrounding the position of the Federal Reserve Chairman has become a key variable affecting global asset pricing.