The decisions made in Washington are becoming a barometer for global markets. With Powell's term lasting until 2026, who will sit in the next Fed chair position directly affects the tightening or loosening of global liquidity. In simple terms, this is a struggle for a position, but the fate of trillions of dollars in assets is at stake behind it.

The most intense competition now is between the two Kevins:

**Kevin Hassett** - A person within Trump's circle. This guy is famously part of the "dovish" camp, advocating for aggressive interest rate cuts. If he takes office, the market will go crazy, and risk assets like Bitcoin and Ethereum may reach new valuation heights. With abundant Liquidity, risk assets are favored.

**Kevin Walsh** — a representative of the "independent faction," more cautious. He tends to favor tightening policies, which may put pressure on the crypto market in the short term and increase volatility, but perhaps this is a good time to buy the dip.

The core contradiction is actually very simple: the Trump administration wants to lower interest rates (since they are in debt), while the Fed wants to maintain its independence and restraint. This kind of confrontation has a history of hundreds of years, and it's about to play out again.

For the crypto world, it means two possibilities:

If Hasset wins, get ready for a new wave of Liquidity, as crypto assets may rise. If Walsh wins, then hold onto your wallet and wait for the market to adjust before taking action. No matter who wins, every decision made in Washington will directly impact your position. This is the game rule now.

What do you think? Do you see this as an opportunity or a risk for the crypto market?