The recent focus has been on the candidates for the Federal Reserve Chair. A few days ago, Trump said Waller was the preferred choice, but the tone suddenly shifted. Now, the market is optimistic about the White House National Economic Council Chairman Haskett, and the probability of him becoming chair has surged past 50%.

Honestly, it doesn't matter much for the crypto world who gets the position. The core reason is simple—both are dovish and tend to favor easing monetary policy. Trump himself has made it clear he wants to cut interest rates to 1% or even lower. Whether it’s Waller or Haskett, once in office, they are likely to lean in that direction. As long as there are expectations of rate cuts, global liquidity will increase, providing continuous momentum for risk assets like Bitcoin and Ethereum.

But this doesn’t mean the short-term market will be smooth sailing. Last week, the Fed cut rates, yet crypto prices actually fell. Why? Because the market had already digested the good news. Then Powell suddenly appeared very cautious, showing uncertainty about future rate cuts, which directly dashed market expectations. Now, with the chairmanship still uncertain, the market hates this kind of ambiguity. So, recent market movements have been volatile and driven by news swings.

How to respond? The key word is: calm. Don’t chase highs or sell lows based on a single piece of news. Currently, the crypto market is driven mainly by sentiment rather than fundamentals. Trump’s statements change daily, mixing truth and falsehood. Frequent trading just eats up fees. True opportunities are always reserved for patient investors. Keep an eye on on-chain data, wait for clear signals before taking action—that’s the way to move forward steadily.