There is a major announcement: Trump is highly likely to appoint Kevin Hassett as the next chair of the Fed. Hassett is a close ally of Trump and has a Heavy Position of over a million dollars in Coinbase stocks, making him an "insider" in the crypto assets field, and he has always felt that the current pace of interest rate cuts is too slow.

As soon as the news broke, the market reacted sharply, and long-term interest rates have already started to quietly decline. Everyone anticipates that liquidity may loosen in the future. However, one should not be blindly optimistic: on one hand, the ap

The Fed suddenly halted the years-long balance sheet reduction, which is equivalent to easing the pressure on the tight global market. Previously, the Fed continuously reduced its balance sheet, making money increasingly tight in the market. Now, the halt is due to the fact that the U.S. economy cannot hold up any longer, bank funding has reached a dangerous edge, and coupled with the high fiscal deficit, it cannot bear the rising borrowing costs, which is why it had to hit the "pause button."

For the market, the short term is positive news, liquidity pressure is easing, and the crypto marke

December in the crypto world will definitely be particularly turbulent, filled with key events that can trigger significant fluctuations!

Around the 12th, the Federal Reserve will hold an interest rate meeting, and Powell's statements will directly affect the market; immediately following on the 16th, non-farm payroll data will be released, which can determine whether there will be a rate cut; the 20th is the triple witching day, where the largest scale of options expiration in history will occur, with all these significant events coinciding in the middle of the month.

Market makers ar