#谁将成为下一届美联储掌舵人？ The Federal Reserve Chair candidate still has suspense. Wash is currently leading with a nomination probability of about 62%, but Rieder, the dark horse, should not be underestimated, and Bessant is also secretly preparing as a candidate.

This personnel contest directly affects the upcoming monetary policy tone. The market is betting on a relatively rational pace of rate cuts—neither too aggressive nor too conservative. What’s the result? The dollar has actually strengthened, and gold has been pushed down hard. Risk assets are unstable, volatility has increased, and cryptocurrencies are under short-term pressure. $BTC and $ETH are both a bit breathless.

Where is the capital flowing? Safe-haven assets like the dollar and short-term bonds are attracting significant inflows. Everyone is watching, waiting to see how the new chair will play their hand.