$ETH This past 24 hours have truly witnessed history - 500 million dollars just vanished like that?

The reason is quite simple: Trump made a harsh remark on Air Force One, saying that the new chairman of the Federal Reserve has been decided, but he just wouldn’t say who it is. With just this one sentence, the market collapsed directly. Bitcoin fell below $87,000, Ethereum couldn't hold $2,900, and over 170,000 people across the network were liquidated, with long positions alone losing $460 million.

What's even more outrageous is that there are now two rumors flying around: one is that White House economic advisor Hassett has a nomination probability as high as 58%. This person made it quite clear during an interview - "If I were to do it, I would lower interest rates as soon as I took office." The other is a sudden little essay popping up overseas, claiming that Powell is going to resign urgently on Monday night? However, the Federal Reserve's official schedule indicates he has a public speech that evening, and his term is originally set to end in May 2026. He has repeatedly stated that he would not leave early.

Interestingly, Hassert said "it's all market rumors," but then hinted that "everyone is looking forward to a low interest rate environment." It's worth noting that he has a very close relationship with Trump, and if he really takes office, a rate cut of more than 100 basis points in 2026 is not impossible. So this wave of crash might just be the market digesting expectations in advance?

The situation is very delicate now: on one side, there are "candidates chosen but not announced," and on the other, "resignation rumors are being refuted." The drama at the Federal Reserve has just begun. Can BTC hold the line at 80,000? Will the expectation of interest rate cuts really reverse the market? To be honest, I can't quite understand it either; let's wait and see.