#数字货币市场回调 Recently, there has been news that Trump may announce the new chairman of the Fed before Christmas.

Currently, it seems that Kevin Hassett has the highest voice. This person has previously worked in the Trump administration, and the market generally believes he has the greatest potential. Why? The core reason is simple: his stance is relatively consistent with Trump. Trump needs someone who can cooperate with the interest rate cut policy, and Hassett has publicly stated that he can help Americans secure loans at lower interest rates. The signal released is very clear—future monetary policy may be more accommodative. Another candidate, Kevin Warsh, is not as popular at the moment.

What does this have to do with the cryptocurrency market? Let me discuss it from two perspectives:

Let's talk about the flow of money first. The attitude of the Fed chairman directly determines the cost of global funds. If a chairman who supports interest rate cuts is elected, market liquidity will increase. Looking back at history, every time liquidity is eased, high-volatility assets like $BTC often benefit first. With more money, it will naturally flow to places with higher yields.

Let's talk about the policy attitude. More importantly, the new chairman's stance on the cryptocurrency industry will affect whether traditional financial institutions dare to enter the market. The Fed holds the regulatory power over stablecoins and also controls whether banks can provide services to cryptocurrency companies. If the new appointee understands this industry and even holds shares in a compliant platform, that would definitely be a good thing for the long-term development of the industry.

So how should we respond? Here are a few suggestions:

Stay rational, but pay attention. This news itself will not immediately cause the market to surge, but it is an important signal. It indicates that the future policy environment may be more favorable for the crypto market. The market often reacts to such expectations in advance.

Pay attention to the dynamics before Christmas. Since it has been mentioned that an announcement might be made before Christmas, we need to keep a close watch during this period. Before the official announcement, market sentiment is likely to experience fluctuations.

Do not easily change your core holdings. If there is indeed a rate cut, mainstream assets like $BTC and $ETH will surely be among the first beneficiaries. Don't throw away your chips just because of short-term price fluctuations. What you need to do now is not frequent trading, but to ensure that you are in the vehicle and wait for the trend to become clear before making further decisions.

In simple terms, this is a trend indicator worth paying attention to, but there's no need to overanalyze it. Understand the direction, maintain your positions, and don't let short-term noise disturb you.