Warning: Two Major Black Swans May Take Off Simultaneously

Currently, the US market faces two undercurrents—tariff cases may be dismissed by the Supreme Court, leading to massive claims that could swallow hundreds of billions in market liquidity. Meanwhile, rumors of a criminal investigation into a former Federal Reserve Chair continue to circulate, directly threatening the scheduled interest rate cuts. A leading US bank has issued a warning: political risks are disrupting pricing logic, and the previously expected easing cycle faces uncertainty.

How intense could the chain reaction be? Once liquidity is squeezed, the bond market, stock market, and even the entire crypto ecosystem could resonate. The probability of delaying rate cuts is increasing, and a high-interest-rate environment may be more resilient than expected.

However, chaos often breeds opportunities. When traditional assets fluctuate unpredictably, non-correlated assets like Bitcoin often serve as a "safe haven" for funds—this has been the case several times in history. Will the US dollar's credibility be damaged by policy uncertainties? This is the next issue to watch closely.

What’s next for the crypto market? Share your thoughts in the comments.