Federal Reserve Chair Powell recently faced criminal charges, with the investigation stemming from the renovation project of the Federal Reserve headquarters building. Powell responded afterward, stating that the Fed's interest rate decisions are entirely based on economic fundamentals rather than political considerations — a response worth noting, especially given the sensitive window of just 10 months remaining before the US midterm elections.
This reflects a classic market issue: the balance between central bank independence and political pressure. For the crypto market, the Fed's policy stance directly impacts liquidity expectations for risk assets. The current market is oscillating within a suppressed range, and a breakout will require more time to accumulate.
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QuorumVoter
· 13h ago
Renovation projects can all lead to criminal charges? The US justice system really knows how to stir things up. But honestly, Brother Bao's clarification this time came a bit too hurried, the more he explains, the more problems seem to arise haha
The crypto market this time is just being fed by the Fed's mouthpiece, a single policy signal can cause fluctuations, especially before the election, be extra cautious. Still, hoarding coins quietly is more reliable
Hopefully someday we won't have to rely on Fed expectations, that would be true freedom
The strong flavor of small capitalism is too evident, but anyway, Bitcoin continues to stay within this price range, and it feels okay
Powell: I really have no political considerations. Market: If I believe you, then I must be crazy
With this rhythm, it seems another wave of volatility is coming next week. Be prepared, everyone
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HodlKumamon
· 13h ago
Huh? The matter of renovating buildings is actually linked to interest rate policies, I really can't follow this logic...
Data speaks for itself. Who would believe that in the 10 months before the election, they said they wouldn't consider political pressure(ノ◕ヮ◕)ノ
During these days of repeated oscillations within the suppression range, isn't DCA a good strategy? Bear markets are gently buying here.
The confusion about the independence of the central bank—cryptocurrency markets are actually living more freely. Hug the world~
Everything else is just talk. Let's just see how liquidity expectations develop; everything else is just noise.
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MetaDreamer
· 13h ago
Hmm... Renovation projects can even lead to criminal cases? This script is a bit outrageous.
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I just listen to Powell's statements and consider them as such, haha.
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10 months before the big election and still pretending to be independent—just consider the timing.
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Central bank independence? Uh... in the US, this concept might just be on paper.
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Liquidity in the crypto sector is indeed locked up; it depends on how the Fed manipulates.
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It's the old political + economic routine again; retail investors should be crying.
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Instead of focusing on renovating buildings, better keep an eye on whether the next rate cut will loosen monetary policy.
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Being stuck in a range-bound consolidation is really annoying; waiting for a breakout feels like forever.
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CryptoMotivator
· 13h ago
Hmm, you're starting to make up stories again. The interest rate decision has nothing to do with the election? I don't believe you.
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hodl_therapist
· 13h ago
Haha, here we go again? Saying they don't watch politics is the most political statement of all.
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Ten months before the election, claiming they completely ignore politics—I'm not that smart.
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The Fed's latest move, retail investors are bound to lose no matter how they play.
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Wait, can renovation projects still lead to criminal charges? There must be a story behind this.
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So, is it the interest rate or the election that determines the trend? Can someone translate that for me?
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The crypto world is about to be cut by the Fed's "independence" again. See you next year.
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The most convincing way to say you're not influenced by politics is that nobody believes you.
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Still need to settle in the suppression zone? I can't wait for my principal, brother.
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Politicians and central bank governors are all the same; anyway, I just follow the dollar.
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The problem is, I can't understand what Powell is saying at all. I just want to hear how he explains this renovation project.
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ApeWithNoChain
· 13h ago
Renovation project troubles? Powell's recent explanation is indeed a bit awkward
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Saying no political influence, still arguing at 10 months before the election, typical of "no silver here"
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On liquidity expectations, everyone is betting on what the Fed will do next; it's just oscillating back and forth
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The crypto world has to play political games with the central bank again, truly lacking independence
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Breakthroughs require time to settle? Isn't it just that they haven't figured out how to cut yet
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Kek, central banks always claim to be objective during election years, who believes that is naive
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Still bouncing within the suppression zone, let's wait for the dust to settle here
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Central bank independence vs. political reality, crypto investors end up paying the price, is classified as
Federal Reserve Chair Powell recently faced criminal charges, with the investigation stemming from the renovation project of the Federal Reserve headquarters building. Powell responded afterward, stating that the Fed's interest rate decisions are entirely based on economic fundamentals rather than political considerations — a response worth noting, especially given the sensitive window of just 10 months remaining before the US midterm elections.
This reflects a classic market issue: the balance between central bank independence and political pressure. For the crypto market, the Fed's policy stance directly impacts liquidity expectations for risk assets. The current market is oscillating within a suppressed range, and a breakout will require more time to accumulate.