I came across a pretty explosive piece of news this morning — a financial media outlet revealed that Trump has quietly met with candidates for the next Fed chair. It is said that the official nomination could be announced as soon as before Christmas. This pace is really fast!

The popular candidates are currently narrowed down to two: one is Hassett, who has worked with Trump for many years, and the other is former board member Walsh. Although Trump says "the candidate is decided," you know, this guy loves to change his mind at the last minute. However, no matter who ends up being selected, one thing is pretty certain — the new chairman will likely be more in sync with the White House's rhythm than the current one.

So what does this have to do with us trading cryptocurrencies?

Think about it, if a "more approachable" Fed chair really comes along, will rate cuts accelerate next year? Once the faucet is turned on, market liquidity will flood in, and won't BTC and mainstream coins go crazy? Just looking at history shows that every time expectations of liquidity increase, the crypto market basically goes wild.

But then again, the news isn't confirmed yet, and there are many variables. Trump is the type of person who loves to make sudden moves, so it could be that at the last second he comes up with a different name. So we retail investors must not get carried away and go all in impulsively, nor should we let market emotions lead us to panic.

This is how I plan it:

Hold your core positions, keep BTC and ETH in hand and don't move them, don't get shaken off the bus during short-term fluctuations.
Keep some cash reserves; in case the market sentiment briefly cools down after an official announcement, it might actually be a good opportunity to buy in batches.
Don't chase those altcoins that are hyped up by rumors; not only is the risk high, but getting stuck in them can be uncomfortable.

In summary: Big events are ahead, stay clear-headed, hold onto your spot positions, and patiently wait for the winds to rise. Once the new candidates are settled, a new round of market movement may quietly begin.