Powell's Rare Statement: Welcomes Regulatory Reform, but Hits the 'Mute Button' on Interest Rates?
At 20:30 Beijing time tonight, Federal Reserve Chairman Powell delivered a speech at a regulatory meeting. Although he did not directly mention interest rates and the outlook for monetary policy, the signals conveyed are still noteworthy!
Powell stated that the Federal Reserve is willing to listen to new ideas and feedback on optimizing the capital framework for large banks, emphasizing that large banks should have the ability to compete freely on a global scale, including facing challenges from non-bank financial institutions and banks from other countries.
This statement reveals several key signals:
1. The Federal Reserve is re-examining the regulatory framework, possibly to release liquidity space for the financial system;
2. The lack of mention of interest rates instead paves the way for a forthcoming 'static maintenance' in public opinion;
3. The market may observe in the short term, but this is precisely the moment when smart money quietly positions itself!
How should the cryptocurrency space respond?
Such speeches that contain 'no substantial policy actions' are often a prelude to market volatility and accumulation. Not making a statement is the biggest statement. If senior Federal Reserve officials continue to 'keep cool' on the topics of inflation and interest rates next week, the market will interpret this as dovish expectations.
Operational Advice:
Maintain flexibility in the short term, focus on the breakthrough at the upper end of the BTC range; once it stabilizes with volume, ETH and mainstream coins are expected to follow and rise. Don't be fooled by the apparent 'calm'; smart money has already been lurking in low positions!
