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Powell stepping down? A bull run for Bit is imminent! But it will look especially like a monkey market, Ethereum is already in ICU, which will definitely surpass the rise of BTC this year?
Recently, the cryptocurrency market has been so quiet that it makes people anxious. The price of Bitcoin is steadily hovering around $80,000.
Investors are also feeling low, with the chat rooms in the exchange being eerily quiet, as everyone is wondering whether a bull run will come or not. However, on April 17, 2025, Trump suddenly called out on social media, demanding the resignation of Federal Reserve Chairman Powell, citing that Trump wants to raise tariffs, which could trigger an economic recession. To get the remedy of interest rate cuts, Trump has gone mad, specifically wanting to catch the disease of economic recession, and is using his own illness as leverage to force Powell to cut interest rates, but Powell maintains the independence of the law and ignores that big fool Trump.
While interest rate cuts are something that participants in the crypto space have always wanted to see, Trump is really too foolish this time. I stand with Powell and support his resignation. Why do I say this?
1. The Constitutional Crisis of the Federal Reserve and the Safe-Haven Awakening of Bitcoin
Why do I say that? This event has made some investors worry about economic chaos, shifting their funds into Bitcoin as a hedge. In the short term, if Powell really steps down, then interest rate cuts are near, which is positive for Bitcoin.
In the long term, Trump has a positive attitude towards Bitcoin. He hopes the government will hoard Bitcoin, support American mining, and even plans to form a cryptocurrency advisory group. If these plans come to fruition, Bitcoin could become more valuable. But after all, he is a fool, and these things are likely to end up in a mess, but strangely enough, a mess might actually be good for Bitcoin! Because the stable and peaceful situation after World War II will eventually be disrupted, leading to an eternal bull run for gold and Bitcoin!
This bull run will be quite puzzling. Crypto analyst Tim Delhaes pointed out on Grindery that the tense relationship between Trump and Powell may drive investors towards safe-haven assets like Bitcoin. There are other tariff negotiations, debt crises, constitutional crises, etc. that will make the entire market chaotic like a skyrocketing monkey market, but ultimately the overall trend is upward for the big bull! I increasingly see Bitcoin reaching 150,000 to 250,000 USD by the end of the year!
In short, the Bitcoin bull run is not far away! What about altcoins? What about 2B? 2. The "liquidity trap" of Ethereum and the reconstruction of the public chain ecosystem.
In the past, Erbing was the leader of the clones, driving a bunch of clones to take off, but after 2 years of education, we all know that Ethereum may be very difficult to revive in the short term, and is currently lying in the ICU.
From the data, Ethereum's total locked value (TVL) is still at 46.385 billion USD, which is significantly higher than Solana's 7.166 billion USD, but in terms of trading volume, Solana's daily trading volume reached 227 million USD, far exceeding Ethereum's 153 million USD. Although the hype around MEME is not as explosive as last year, after Vitalik Buterin's angry remarks about PVP and sarcastic comments regarding SOL, it was expected that there would be some major moves, but Ethereum's innovation and token price remain quiet. Vitalik went directly to Hong Kong and stated he doesn't care about the token price and has given up!