Federal Reserve Chair Jerome Powell's recent statements have caused a stir in the financial world. Faced with pressure from multiple sides, he remains firm—adhering to the stance of "only following economic data." This reflects a deeper game regarding the interest rate cut cycle.

Many speculate that if Powell stays until the end of his term in 2026, the planned June rate cut window might be delayed. The logic behind this is clear: a confrontation between policy independence and political pressure is unfolding. If Fed decisions waver due to external interference, it could directly impact market liquidity.

From the perspective of the crypto market, what does a delay in rate cut expectations mean? In the short term, liquidity may tighten, but this often presents an opportunity window for safe-haven assets. Historical data shows that during periods of policy uncertainty, Bitcoin and gold tend to attract hedge fund inflows.

Market participants should pay attention to two signals: first, the latest direction of Fed policy; second, the actual performance of US CPI data. The combination of these two will directly determine the next phase of liquidity patterns. Holding core assets and closely monitoring the subsequent developments of this power struggle might be the more prudent strategy.

What are your thoughts on Powell's persistence? How will this policy deadlock ultimately play out?