The Federal Reserve's table has always been a battleground of the cryptocurrency 'death cross' and 'diamond pit'. When U.S. Treasury Secretary Yellen tossed out the smokescreen of 'fall unveiling of the Federal Reserve Chairman candidate', the K-line chart in the crypto sphere instantly rippled — after all, this position, which controls the 'private key to the dollar printing machine', is the 'mining power ceiling' of the global capital market.
With the dealer being replaced, the crypto community waits for the 'airdrop' of Trump's candidate list, which resembles the 'white paper' of a crypto project. Behind the names of 3-4 candidates lies the ultimate puzzle of 'easing or tightening'. If a 'dovish' leader is chosen, Bitcoin may directly enter the 'bull market mining fee surge mode'; if a 'hawkish' tough guy comes in, altcoins are likely to collectively 'return to zero'. The seasoned players in the crypto community have already prepared their leverage, just waiting for this 'hammer of destiny' of the Federal Reserve Chairman candidate to strike the next 'wealth code'.
As a policy barometer, the difficulty of 'mining' in the crypto market is set to upgrade. Every word from the Federal Reserve Chairman is the 'difficulty adjustment algorithm' of the crypto sphere. If the new dealer continues to maintain the 'low-interest-rate mining field', the 'pegging mechanism' of stablecoins may collapse; if suddenly 'quantitative tightening mining difficulty upgrades' are initiated, the 'borrowing rate' of DeFi protocols may directly implode. Not to mention, if Trump’s 'Twitter market manipulation' tradition continues, and the new chairman is a 'Twitter trader', the volatility of the crypto market may break 'historical highs'.
Trump's 'private key': Who will control the Federal Reserve's 'hash rate'? When the final candidate is revealed, the 'hash power war' in the crypto sphere will also reach a boiling point. Should we continue to let 'traditional financial miners' dominate, or introduce 'crypto natives' to rewrite the rules? This power transfer is comparable to the 'POS consensus upgrade' before the Ethereum merge — if the right choice is made, the crypto sphere will usher in a 'Shanghai upgrade'-style prosperity; if the wrong choice is made, it may replay the tragedy of the 'LUNA collapse'.
'The Federal Reserve's game has never ended, and the 'miners' in the crypto community have long maximized their computing power.' No matter who ultimately sits in that 'money printer chair', remember: in the crypto world, never put all your eggs in the same 'wallet address'. After all, the dealer's hole cards are always more thrilling than your leverage.
The 'graphics cards' in the crypto sphere are warmed up, and the Federal Reserve's 'blocks' are loading — this time, did you bet on the right 'consensus mechanism'? Follow @加密青遥 , and let us guide you through the bulls and bears.
