Tonight, Powell takes his final bow! The last "safety net" for the crypto market has completely failed?

Brother Hu brings you breaking news! At 2 a.m. Beijing time on April 30th, the Federal Reserve's interest rate decision will be officially announced. Maintaining the interest rate unchanged by 100% has long been the market consensus, and there is no suspense about that. What truly triggers the market and affects all investors' nerves is the key change behind this decision—the Federal Reserve Chair Jerome Powell will hold his last press conference during his term.

This is the Fed Chair who, after every Federal Reserve policy meeting, would face the media and straightforwardly interpret the economic situation and monetary policy. Now, he is officially stepping down. Even more concerning is that his successor, Lael Brainard, has already made it clear: "Unless there are major issues, there is no need to hold a press conference." The implication is crystal clear: in the future, the Federal Reserve is likely to cancel regular policy Q&A sessions, cutting off direct communication channels with the market.

Looking back, every time the Fed raised or cut interest rates or shrank its balance sheet, Powell’s statements directly influenced global financial markets, and the crypto market’s reactions were even more volatile. Crypto investors stay up late watching the press conference live, hoping to catch policy hints from his straightforward remarks, clarify market trends, and find clear investment guidance.

But now, this crucial window for policy communication is about to close. In the future, the Fed’s monetary policy may be implemented directly without public interpretation or Q&A, leaving the market to guess and speculate on policy intentions and blindly predict directions, with no transparency whatsoever.

This will undoubtedly be a major blow to the crypto market: market transparency will significantly decline, and asset volatility will soar sharply. Previously, Powell’s comments served as a clear policy expectation line for the market, giving the crypto market a "safety net"; now, that expectation line will disappear entirely. Institutions and speculators will inevitably exploit information gaps to manipulate the market, and wild swings in prices will become the norm.

For ordinary retail investors, losing clear policy guidance means blindly following news to chase gains or cut losses—like crossing the street blindfolded, with risks completely out of control. But everyone must remember, the market is never short of opportunities. In an increasingly uncertain environment, only by staying rational and calm in operations can you protect your assets and avoid unknown risks.