This week’s focus is on the Federal Reserve personnel changes, with Powell delivering his last speech of his term, and the new Waller set to take over.

Powell’s final stance is hawkish, clearly indicating no rate cuts in the short term, with high interest rates continuing to suppress the market, making large-scale liquidity injections unlikely in the near future.

The new Waller has a more conservative stance, with a stronger willingness to tighten liquidity, which is not very friendly to short-term market trends in the crypto space. However, he recognizes Bitcoin’s anti-inflation properties, and its long-term value logic is actually more solid.

Overall, the market is unlikely to see a full bull run soon, with mainly oscillating and differentiated trends.

In the current stage, the crypto market should not blindly chase altcoins; the main focus should be on Bitcoin, managing positions, and trading with the trend. Choosing the right direction is far more important than frequent operations. $BTC #以太坊基金会解质押约4890万美元ETH