#香港稳定币监管框架 The market is buzzing with heavy news: Powell is holding an emergency meeting today, and there is widespread speculation that he is about to resign as the Fed Chairman. The successor could be Hassett, the Director of the White House Council of Economic Advisers - a close ally of Trump who has publicly criticized the current interest rate cut policy for being too conservative. He believes the federal funds rate should be quickly lowered to around 3%.

This news has stirred the market quite a bit. If the rumors turn out to be true, a significant rate cut is basically a done deal; but if Powell continues to steer the ship, the rate cuts will likely have to be gradual. Interestingly, what should be considered a positive expectation for rate cuts has led to severe fluctuations in both cryptocurrencies and U.S. stocks.

$BTC and $ETH have shown strange trends in a short period, and investors are clearly still observing. The personnel changes at the Fed have always had a ripple effect, and now the key is to see which version of the story will become reality—will the hawks take power and aggressively cut interest rates, or will the doves continue to boil the frog slowly? The market is at a crossroads, and the signals in the coming days are worth close attention.