Last night, Trump directly stated at a cabinet meeting that a new Federal Reserve chair will be announced early next year to replace Powell. Even more crucially, he pointed at White House economic adviser Hassett on the spot and said, "The potential candidate is right here!" This is basically making it clear.

This news has significant implications for the crypto market. The current chair, Powell, has long been criticized by Trump for being too slow and too conservative in cutting rates, while Hassett is well known as a "dove." He has previously stated publicly that he would take more aggressive rate cut actions immediately after taking office. The market reacted honestly—after news broke that Hassett had become a leading candidate, long-term interest rates immediately began to decline. Why? Because capital is betting that he will loosen monetary policy.

Personally, I believe the importance of this event could surpass that of a single rate cut decision. If Hassett really takes the position, it means that over the next four years, the Fed's policy direction could shift completely from "controlling inflation" to "stimulating growth," and the floodgates of global liquidity may open once again.

So what should the average investor do now?

First, don't panic, and don't rush to go all in at the top. The impact of this news will be long-lasting, potentially continuing for months or even years, so we have plenty of time to position ourselves. The key is to clarify a few points:

**Watch key timeframes:** Trump said the candidate will be announced early next year, but Senate confirmation will still be needed afterward. This process will provide material for repeated market speculation.

**Monitor Bitcoin's performance:** Market expectations often move ahead of actual policy changes. If Bitcoin can hold a key support level on the back of this narrative, it shows that big money really believes in this story.

**Buy in batches on dips:** In the coming months, any pullbacks caused by short-term panic or profit-taking could be good entry opportunities for those who understand the larger trend.

Remember, in the crypto market, what's more important than the news itself is understanding the power dynamics and policy logic behind the news. The Fed chair replacement could very well be one of the most important rule changes in the years to come.