#美联储重启降息步伐 Digital Asset Market Observation $BTC 💥 Just now! A message directly woke up the traders in the middle of the night.
Reuters reported that Federal Reserve Chairman Jerome Powell suddenly submitted his resignation to the White House and will leave after an emergency meeting tonight. Once this news broke, the market went crazy—Bitcoin skyrocketed from 81,000 dollars to around 91,000, and U.S. stock futures were swinging wildly, while the dollar index dropped sharply.
To be honest, the timing is quite strange.
The liquidity is usually tight at the end of the year, and yet there’s a power transition happening right now? What will be announced at tonight's emergency meeting? And the most critical question—will the successor be inclined to loosen policies or continue tightening?
**I think there are several directions to keep an eye on:**
If a dovish figure takes over, the market will likely rally. Once the expectation for rate cuts rises, funds will start looking for places to go. But what if a hawkish figure comes to power? There will definitely be some volatility in the short term, but for some people, greater volatility means more opportunities.
By the way, here are a few data points that seem quite interesting:
- This week, the net inflow into Ethereum spot ETFs reached 368 million dollars.
- CME's statistics show that the probability of a rate cut in December has soared to 86.4%.
- A listed company called Prenetics has a Bitcoin yield of 435%.
**Don't miss these time points from tonight to early tomorrow morning:**
Powell's farewell speech, the White House press conference, and the release of the meeting minutes. Every time the Federal Reserve changes personnel, the market tends to shake, and this time is likely no exception.
What do you think? Should we charge forward or hold back? How do you plan to adjust your positions? $ETH
