The Federal Reserve is about to change! The new chair must be a big dove, is the super fuel for Bitcoin coming?
Trump had a "interview" with the current Federal Reserve governor Waller, discussing how to boost employment. But don't believe in the nonsense of "not intervening in interest rates"; just the day before yesterday, Trump himself publicly stated: the next one must be a "super dove" who supports "significant rate cuts".
In plain terms, Trump has had enough of Powell's indecisive style. The popular candidates are a few: Waller, Wacht, Hassett, plus a big investment figure from BlackRock, Riedel. Although they all support rate cuts, Trump wants someone who can bring the rate down from the current 3.5% to 1% in one go, a "person from his own camp".
My opinion is very straightforward: this is a positive sign for the crypto world, but distant water cannot quench present thirst; for the current market, this kind of positive news has little significant impact.
What players should do now: don’t rush to bottom fish, focus on holding cash; preserving capital is the most important.
There are no deities in the crypto world, only teachers with a good mindset. If you don’t know what an effective breakout or a coin that yields 10 times is, pay attention to the lord and go to the village to lead! 聊天室
