#数字货币市场调整 The US stock market has fallen for two consecutive weeks, but the person in the White House has been unusually quiet. This is not a change in character, but rather his own troubles are more complicated than the market turmoil.

Starting from the end of October, the approval rating has continued to decline, and several key election losses have cast a shadow over the political outlook. Is there still a mood to discuss the stock market at this moment? The public is struggling with inflation, and if there are calls for interest rate cuts and monetary easing at this critical juncture, it would only invite accusations of "caring more about votes than people's livelihoods." Seasoned politicians would not make such a mistake.

The market is in a data vacuum period of more than 40 days. The inflation trend is unclear, and even the Federal Reserve is watching. Staying silent seems to be the safest strategy. But is he really taking a break? Venezuela's policy upgrades, food tariff exemptions, and tariff preferential policies—each move is precisely aimed at the voters' wallets.

For him, stock market fluctuations are just superficial injuries; the approval rating is the lifeline. Once the October PCE and November CPI data are released, if inflation decreases, he will take the opportunity to pressure the Federal Reserve; if inflation rises, he will continue to maintain a low profile—this script has already been written.

Cryptocurrency market investors need to pay special attention to this window period. The uncertainty of macro policies often amplifies the volatility of digital assets. When traditional financial markets fall into uncertainty, market sentiment quickly transmits to the crypto space. Understanding the logic behind the policy game is key to finding opportunities during pullbacks. The few trading days before and after data releases are particularly worth monitoring.