What major events in December could shake up the market? Let's break it down and discuss.

Interest rate cut expectations - this is the most direct impact. Last week, market sentiment soared from less than 45% to 80%, and Ethereum jumped directly from $2800 to nearly $3100. But this morning, panic started again as there are reports that a certain official may talk about personnel changes today, and the candidate for the new chairman is already in the works, causing the market to tremble again.

Tariff adjustments - The wave of policy dividends mentioned last month has not yet been realized. If it can be finalized this month, it would be equivalent to a direct infusion of funds into the market, and liquidity will definitely loosen.

Personnel changes - A new central bank governor may be officially announced before Christmas, with Hassett currently being the frontrunner. This individual has a different decision-making style compared to the current one, tending to accelerate the pace, which is considered a long-term positive for crypto assets.

Technical event - Ethereum is set to undergo a hard fork upgrade the day after tomorrow. However, such expectations are often priced in ahead of time, and when the event actually occurs, it can easily lead to a sell-off, so one should be cautious.

Tonight's speech was quite crucial, although its impact is more short-term. To be honest, the market's liquidity is worse than it was when ETH was still over a thousand dollars, and the overall atmosphere is indeed a bit stagnant. No matter how personnel adjustments are made, they are not as substantial as real monetary policies.