In the Federal Reserve office, an invisible game is unfolding — this time, the wager is on our investment returns.

Having analyzed the market for many years, my instincts tell me a storm is coming soon. The confrontation between Trump and the current Fed Chair is no longer just about policy differences; in plain terms, it’s a clash of two economic philosophies and two formidable personalities.

On January 20, 2025, Trump will once again take the helm of the White House, while the Fed Chair remains in position. This combination alone is enough to heat things up. Their friction during the last term was just a warm-up; now, with inflation approaching and economic outlooks uncertain, this conflict could very well rewrite the flow of global capital.

**1. The inevitable collision has been set**

Their discord has long been an open secret. During Trump’s first term, he frequently criticized Fed officials in the media, even using words like "fools," and once expressed regret over choosing this Chair.

But times have changed. During the last term, U.S. inflation wasn’t a big issue, but now? Inflation has approached 3%, far exceeding the Fed’s 2% target — nearly 50% higher.

Trump plans to go all out — aggressive fiscal expansion, protectionist tariffs, and large-scale tax cuts to boost spending. Each of these is a fuel station for inflation.

Meanwhile, the Fed Chair insists that the central bank must operate independently, speaking with data rather than being hijacked by politics. His logic is straightforward: "An independent central bank free from political interference is the true responsible institution for the public."

This isn’t a scenario of mutual retreat; it’s a direct ideological showdown.

**2. Market uncertainty is escalating**

The key question is: who will dominate this confrontation? Will inflation remain high, or can the Fed control the situation? These factors will directly influence the direction of the crypto market. Every policy adjustment by the Fed triggers sensitive nerves in the market.