#美联储货币政策 Seeing the farce surrounding the new Federal Reserve Chair appointment, I was reminded of the losses I’ve suffered in the market over the years. The new chair faces a "triple threat" of rate cuts, tariffs, and inflation—sounds familiar, right? Policy contradictions, chaotic market signals, and retail FOMO leading to total losses.

Hassett is most likely to take over, with an 86% probability. This guy advocates aggressive rate cuts, prefers loose policies, and has a crypto background—look, this combo is like the favorite move of the big players. Liquidity easing + falling interest rates + friendly regulation—on the surface, it seems "bullish," but in reality? Massive hot money inflows, retail chasing high, and once policy directions change, the slaughtering of retail investors is relentless.

The key issue is, these three pressures are impossible to balance. You want to cut rates to stimulate the economy, deny tariffs pushing up prices, and still claim the economy is doing well—that logic simply doesn’t hold. When the time comes, no matter how the chair operates, the market will fall into expectation chaos. Uncertainty is the biggest risk. Those of us living on-chain fear this moment most—policy swings, institutions taking advantage, retail investors getting slaughtered.

Final words: wait until policies are truly implemented and see clearly before acting. The so-called "bull market" in the second half of 2026 might be the last opportunity for institutions to make a final move. Don’t get blinded by the story of "new Fed Chair good for crypto"; risks always come faster than opportunities.