#数字资产市场观察 Recently, these two events happening in succession are quite surreal. The Fed just announced that it will not taper its balance sheet, and Trump immediately began looking for a new Fed chair candidate. Just think about the timing of this.

What does stopping the balance sheet reduction mean? Simply put, it means no longer withdrawing dollars from the market. Originally, hundreds of billions were being drawn back every month, but this will no longer happen. And the new leader that Trump is looking for, rumored to be Hassett, is known for his dovish stance. With these two things combined, the signal that the market is sensing is very clear - the turning point of liquidity may really be coming.

Interestingly, it’s Trump’s way of operating. He doesn’t rush to officially announce a specific candidate, instead letting the news linger in the air, keeping the market in suspense. This tactic is actually quite clever, as managing expectations can often mobilize funds more effectively than actual policies. Investors are currently in a state of "knowing good news is on the way but not sure when exactly," which makes it easier for them to position themselves in advance. The recent fluctuations in $ETH and similar assets can reveal some clues.

Of course, there is another side to the story. The inflation data is still there, and if there is really going to be a significant influx of money, it must be weighed carefully. But at least from the current signals, the previous phase of the tightest liquidity seems to be over.

The next few weeks are expected to be crucial. The market is waiting for a clear signal, and this signal could determine the trend for the next few months. How do you think this wave will go?

(The above content does not constitute investment advice, and the market has risks)