I was stunned this morning by a piece of news - "Powell might resign." Although mainstream media hasn't officially announced it yet, it's already buzzing on overseas social platforms, with some even seriously analyzing potential successors.
What does this have to do with the cryptocurrency market? To put it bluntly, Powell is steering the Federal Reserve, and his every move directly affects the direction of dollar policy. What do mainstream cryptocurrencies like Bitcoin fear the most? It's policy uncertainty. Once the wind changes, market sentiment can go on a rollercoaster ride immediately. More subtly, Trump said in the morning that "he will announce candidates soon," and this doesn't sound like it came out of nowhere.
What should ordinary investors do now? Don't panic just yet. Before the news is confirmed, the worst thing you can do is act blindly. Remember these two principles: First, don't chase highs and sell lows; it's easy to get stuck with the bag before any official announcement. Second, hold onto your core assets; short-term fluctuations do not represent long-term value. If there’s going to be a significant change, we should at least wait for an official statement before making any moves.
My personal opinion? Regardless of who takes over, the underlying logic of cryptocurrency will not collapse just because a different person is in charge. However, in the short term, fluctuations in market sentiment are almost inevitable. What is most needed right now is not to predict the future, but to maintain a steady mindset, keep a close eye on official channels for solid news, and not be swayed by various "small essays."
This week might not be very calm, but panic will only make you a target to be harvested. When the wind is strong, it's more important to stand firm than to run wildly. Observing the changes quietly is the real wisdom.
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WanUDurian
· 10h ago
I just came over to check in, just to earn some points.
I was stunned this morning by a piece of news - "Powell might resign." Although mainstream media hasn't officially announced it yet, it's already buzzing on overseas social platforms, with some even seriously analyzing potential successors.
What does this have to do with the cryptocurrency market? To put it bluntly, Powell is steering the Federal Reserve, and his every move directly affects the direction of dollar policy. What do mainstream cryptocurrencies like Bitcoin fear the most? It's policy uncertainty. Once the wind changes, market sentiment can go on a rollercoaster ride immediately. More subtly, Trump said in the morning that "he will announce candidates soon," and this doesn't sound like it came out of nowhere.
What should ordinary investors do now? Don't panic just yet. Before the news is confirmed, the worst thing you can do is act blindly. Remember these two principles: First, don't chase highs and sell lows; it's easy to get stuck with the bag before any official announcement. Second, hold onto your core assets; short-term fluctuations do not represent long-term value. If there’s going to be a significant change, we should at least wait for an official statement before making any moves.
My personal opinion? Regardless of who takes over, the underlying logic of cryptocurrency will not collapse just because a different person is in charge. However, in the short term, fluctuations in market sentiment are almost inevitable. What is most needed right now is not to predict the future, but to maintain a steady mindset, keep a close eye on official channels for solid news, and not be swayed by various "small essays."
This week might not be very calm, but panic will only make you a target to be harvested. When the wind is strong, it's more important to stand firm than to run wildly. Observing the changes quietly is the real wisdom.