The Federal Reserve is about to change leadership, and September may become the biggest turning point for wealth in 2024!
The U.S. Treasury suddenly announced: On September 1, 11 candidates for Federal Reserve Chair will be interviewed! This is not just an ordinary personnel change, but the most important barometer for the global financial market in 2024 — the cryptocurrency market will be the first to experience a massive fluctuation!
History does not lie
Before Powell took office in 2018, BTC skyrocketed by 40% in a single month.
Before the interest rate hike cycle started in 2022, ETH plummeted by 30% two weeks in advance.
The current BTC options market shows: the implied volatility in September has surged by 50%.
Three types of candidates = three types of wealth-building scenarios
If the "dove" wins, like Brainard: expectations of monetary easing rise, BTC will soar to $80,000.
If the "hawk" is in power, like Waller: panic over interest rate hikes may return, and altcoins could be cut in half.
The "dark horse" strikes back: the market experiences severe fluctuations, creating golden buying opportunities.
BTC/ETH positions must be established before September (Grayscale's holding data shows that institutions are already buying).
Focus on allocating resilient mainstream coins (SOL's decline during the 2022 interest rate hike cycle was 35% less than ETH).
Leverage players beware: CME futures premium warning of volatility risk.
When Powell was reappointed in 2021, BTC exploded by $3,000 in 15 minutes, and those who positioned early made over a million in a single day!
You only have two choices:
To be a latecomer retail investor, waiting for news to chase highs and sell lows.
Follow the Key to the Block, next week I will release the "Ultimate Layout Guide for the Federal Reserve Leadership Change."
