Trump Dismisses Federal Reserve Board Member Event and BTC, ETH Market

1. Event Brief: According to CCTV News, on August 25 local time, Trump issued a letter on "Truth Social" to immediately dismiss Federal Reserve Board Member Lisa Cook, marking the first time in the 111-year history of the Federal Reserve. Greg Ip from The Wall Street Journal pointed out that this could end the independence of the Federal Reserve since 1951, and financial markets have yet to digest this risk; regardless of the final outcome, it could become a key turning point for the financial markets for decades to come. If the White House takes control of monetary policy, the U.S. may enter a high inflation, high volatility era.

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2. BTC Market: The 4-hour chart remains below the middle band of the Bollinger Bands, and the daily chart is under pressure from multiple moving averages, with an overall weak trend. Support level is 108,600, and resistance level is 114,300.

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3. ETH Market: The 4-hour chart shows prices fluctuating near the middle band of the Bollinger Bands, with a generally weak trend. Support level is 4,330, and resistance level is 4,850. $BTC $ETH #机构筹资布局SOL #国产概念币集体爆发