Today, a bombshell news spread in the financial circle - the Fed may be about to change leadership!

According to multiple sources, current Chairman Powell may hold an emergency meeting today and even announce his resignation directly. As for the successor? The name of White House Council of Economic Advisers Chairman Hassett has been frequently mentioned.

Originally, such personnel changes should have been a clear signal for the market, but strangely, the reactions from the crypto market and the stock market were quite divided. Some were excited, while others were in panic, leading to a chaotic scene.

Why is this happening? We need to first clarify who Hasit is.

This person is a staunch member of the Trump faction, who has publicly criticized Powell for being too conservative and slow in cutting interest rates multiple times. His stance is clear: interest rates must be quickly lowered to around 3% to be considered reasonable. This aggressive position is completely at the opposite end of Powell's cautious style.

The problem lies here.

During Powell's tenure, interest rate cuts were like squeezing toothpaste, requiring repeated consideration each time, and the market has long been accustomed to this slow pace. However, if Haskett truly takes office, the policy direction may make a direct 180-degree turn—substantial and rapid interest rate cuts are almost a certainty.

Sounds like good news? But don't forget, drastic policy shifts often come with uncertainty. What the market fears most is not bad news, but sudden accelerated changes. It's like when you're driving, suddenly switching from the slow lane to the fast lane; even a slight tremble of the steering wheel can make one feel anxious.

Everyone is now waiting for the boot to drop: Will Powell really leave? Will a significant interest rate cut actually come? For mainstream cryptocurrencies like BTC and ETH, is it really just short-term volatility or long-term benefits?

To be honest, this wave of operations has indeed thrown the future market into acceleration mode, and the next few days are worth close attention.