On the eve of a policy turning point, the major players are secretly maneuvering!
A piece of news shook Wall Street last night — Federal Reserve Governor Waller publicly stated: 'If Trump is nominated, I am willing to take over as chairman!'.
Although not officially in contact yet, this sword of Damocles is already hanging over the crypto market! Convergence will help you see through the thrilling chess game behind it:
Third-level policy shockwave
First layer: Short-term emotional slaughter
Waller is a famous 'hawkish general' who once stated, 'Inflation won't die, and interest rates won't stop.'
If he takes office, the market may delay interest rate cut expectations, the dollar index may surge violently, suppressing the gains of BTC/ETH and other mainstream coins.
But be aware! Historical data proves: such messages are often used by the major players as tools for washing positions (refer to the 20% drop in BTC before Powell took office in 2019, followed by a doubling)
Second layer: Covert battle for power transition
The ultimate showdown between Trump and Biden is essentially a clash of two monetary policy routes:
Trump's faction: Favor interest rate cuts to stimulate the economy → Potentially beneficial for risk assets
Biden's faction: Maintain high interest rates to control inflation → Suppress the crypto market
Waller's statement at this moment is equivalent to an early bet on Trump's victory!
Third layer: New order in the crypto world
If Trump's camp takes the helm of the Federal Reserve, it will accelerate three major trends:
Bitcoin spot ETF approval relaxation
Stablecoin regulatory framework implementation
Suppress DeFi and shift support to institutional chains
Retail investors' life-and-death order tonight
Asset allocation for risk aversion:
Reduce holdings in highly leveraged altcoins (especially MEME)
Increase holdings in BTC/ETH spot (first choice for defense during policy volatility)
Contract zone warning:
Avoid betting on 'Federal Reserve personnel direction'
Do not short BTC before breaking $65,000
Gold ambush window:
Key monitoring of compliant path coins (such as FIL/XTZ) — the biggest beneficiaries of policy dividends!
Will Waller's 'hawkish sword' split the chains of the crypto market or cut the throat of the bull market? The answer lies in two types of concealed data —
Degree of inversion of the US Treasury yield curve
Coinbase institutional holdings abnormality
Convergence has locked in 3 'policy immune' crypto assets, with on-chain whales increasing positions against the trend + compliance progress exceeding expectations
After following, click on the avatar to have a chat, quickly join the converging team, and enjoy endless profits!
Follow Convergence to gain insight into wealth on the edge of policy knives!