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While the market is betting on rate cuts, a major leak from the Federal Reserve's spokesperson reveals: Powell has hired top Wall Street lawyers to firmly push back against Washington's political pressure! A statement was issued on Sunday, but the legal team had been planning for months in advance. This is a strong move to highlight the "independence of the Federal Reserve" and to tell Washington not to interfere with money printing! $ETH $XRP $SOL
Powell's move sends three key signals: political easing is unlikely, the Fed will focus solely on economic data; the era of high interest rates is likely to be extended, with slow rate cuts and prolonged balance sheet reduction as the main themes; market logic is being reshaped, so keep a close eye on CPI data moving forward.
For the crypto market, the outlook is mixed. Long-term, it's a big positive— the more independent the Fed, the less monetary policy is influenced by politics, strengthening Bitcoin's narrative as a "non-political asset." But in the short term, stay calm; liquidity tightening expectations remain, and risk assets may be suppressed. However, the panic-driven market dips could be opportunities for strategic positioning.
Powell's move defends the central bank's bottom line and effectively issues a "Federal Reserve independence declaration." The upcoming congressional hearings will be the main event— a true battleground! Will the Fed's independence reassure the market or cause volatility? Share your thoughts in the comments! Follow me to stay updated on crypto market dynamics!