#美联储降息 The power dynamics of the Federal Reserve are quietly changing. White House Chief Economic Advisor nominee Hasset recently issued a tough statement: even if he takes office as Federal Reserve Chair, the opinions from Trump's side won't count in committee votes. The implication couldn't be clearer— the president can speak, but decision-making authority still lies with me.

What does this mean for the crypto market? The market pricing of a "significant rate cut by the Federal Reserve" might need to cool down.

Market expectations were overly aggressive

Previously, traders were too optimistic about the Fed shifting its stance. If Hasset truly resists pressure and preserves the Fed's independence, the extent of rate cuts won't be as drastic as political rhetoric suggests. This puts significant pressure on altcoins that are betting on rate cuts. In the short term, about 80% of these high-risk assets may see a correction.

Hard data rules

Hasset repeatedly emphasizes one point: only "data-driven policies" deserve serious consideration. The signal behind this is crucial— every decision made by the Fed will closely follow economic fundamentals. How much is the CPI rising, what is the unemployment rate, how are wages moving—these hard indicators have become the new focus of the market. Empty political promises are losing weight. The market will gradually shift from "game political strategies" to "let the data speak" logic.

Portfolio review is needed

As expectations retreat, market segmentation begins. Coins built on stories rather than fundamentals face increased risk. Conversely, assets like $BTC , which have broad consensus and clear scarcity, with solid fundamentals, can withstand volatility better. Now is the time to check what’s in your wallet—what is the true foundation of this coin?

The biggest suspense is yet to come

What we see now are just Hasset’s statements. Can he truly withstand Trump's pressure after officially taking office? That’s a huge question mark. From the public nomination to actually sitting in the position, the market still has several information checkpoints to pass. Every piece of news could rewrite market expectations and pricing.

This power reshuffle is far from over. What the crypto market really needs is calm observation and rational response, not following every political storm.