#以太坊行情解读 $ETH

# # **Whoever sits in the chair of the Federal Reserve Chairman may decide how your assets rise**

Washington has been stirring things up recently. In 2026, the current term of the Federal Reserve chairman will come to an end. Replacing them is not just a simple internal adjustment— it could lead to a shift in the flow of global financial markets.

Currently, there are two individuals named "Kevin" competing for this position, representing two completely different paths:

**Kevin Hassett's faction is a thorough "dove"**. This guy is a key figure in Trump's circle, advocating for aggressive interest rate cuts. If he takes office, the market will expect that kind of radical liquidity release – for risk assets like Bitcoin and Ethereum, that would be a shot in the arm, directly opening up a "funding frenzy".

**Kevin Walsh adopts a "prudent" approach**. He tends to favor a stable or even slightly tight policy orientation. If he becomes the next chairman, the crypto market may face the "weaning" pains, with volatility soaring, and investors will need a stronger psychological resilience.

**The problem is that this should not have become a political game**. The Trump administration is eager to cut interest rates - the reason is straightforward, there is a huge national debt to repay, and the economy also needs stimulation. However, this undermines the independence of the central bank. Market confidence in the Federal Reserve is wavering because "the balance of policy" now seems entirely dependent on the power games in Washington.

**For those involved in cryptocurrency, there are only two approaches to the outcome:**

Has Hasset won? Get ready for the floodgates to open. Excess liquidity directly boosts the prices of crypto assets, this is historical experience.

Did Wash win? The cash reserves must be sufficient to wait for the opportunity to buy at the bottom. It will be tough in the short term, but it's also a time to accumulate chips.

**The most heartbreaking thing is**: No matter who ultimately sits in that chair, every market fluctuation in the coming years may be linked to Washington's latest decisions. The uncertainty itself has already become the biggest risk factor.

The conclusion of this power transition will directly rewrite the pricing logic of all assets—from stocks to cryptocurrencies. What do you think about this? Do you see it as good or bad for the crypto space? Share your thoughts in the comments.