#ETH 🔥 [Trump strikes again at the Federal Reserve! The next board member has these backgrounds]
Former US President Trump plans to nominate economist Milan and former World Bank President Malpass for positions on the Federal Reserve Board, a move interpreted by the market as an attempt to influence future monetary policy direction. Yesterday, he suddenly fired incumbent board member Cook (later clarifying that the decision was not final, and Cook remains) causing a sharp market drop, and then publicly stated that 'the Federal Reserve must cut interest rates,' leading to significant market volatility.
⚠️ [Regulatory storm escalates! US crypto bill hindered, CFTC faces a shutdown crisis]
A flurry of bad news is coming! US Senator Warner is obstructing the advancement of the (Crypto Developers Legal Protection Act), while the Commodity Futures Trading Commission (CFTC) is about to face a predicament with only one remaining commissioner due to term expirations, leading to a sharp increase in regulatory uncertainty. Meanwhile, South Korea is accelerating its layout, announcing the completion of the virtual assets bill preparation by September—East Asia's regulatory friendliness vs. the tightening trend in the US, where will the funds flow?
🐋 [Whale action signal! Sold 4,000 BTC, bought 96,000 ETH at the bottom]
Onchain data agency OnchainLens has monitored that the BTC ancient whale, which had previously high-profiled its ETH swap, is acting again: selling 3,968 BTC in the past 13 hours and massively increasing its holdings of 96,533 ETH at an average price of $4,588! Whale reallocations often indicate a market turn, can Ethereum rebound?
💡 [Current strategy: How to achieve both hedging and high yield?]
In the complex landscape of inflation, deficits, and geopolitical risks, capital is accelerating towards derivatives and crypto assets—both a safe haven and a yield enhancer. Beware of repeated disruptions in news, and pay attention to low leverage + phased layout opportunities!