#数字资产市场洞察 【The Fed's Rate Cut Pressure Suddenly Intensifies, Will Crypto Assets Become the Next Beneficiaries?】

Recently, a nationwide speech by Trump has attracted widespread market attention. The American leader did not hide his thoughts—he openly stated that the Federal Reserve needs new leadership and that large-scale rate cuts are necessary. This is not just a verbal statement but a clear signal to the market: political forces are exerting pressure on monetary policy.

On the surface, the speech was quite comprehensive. He listed his "achievements" since taking office 11 months ago, from border control and national security to economic investment, all to boost his image. The numbers were substantial—claiming to have attracted $18 trillion in investment to the U.S., manufacturing returning, and job growth. But the most explosive part was his statement regarding the Federal Reserve and rate cuts.

What does this mean? Simply put, political forces are attempting to directly influence the central bank's independent decision-making. Historically, whenever political rhetoric begins to reshape monetary policy expectations, markets tend to react in advance. And what does the expectation of rate cuts imply? Liquidity easing. The dollar is entering a new "liquidity expansion cycle."

**Why is liquidity turning point important for crypto assets?**

Think about it—when the market expects monetary policy to loosen, how do investors typically respond? Safe-haven assets and alternative assets tend to react first. The historical performance of cryptocurrencies like Bitcoin and Ethereum is the best illustration. Every major liquidity shift has seen $BTC participate. Trump putting "fighting inflation" and "necessity of rate cuts" together, which seem contradictory, is actually adding political backing to the narrative of "fiat currency devaluation hedging." Once rate cuts are implemented, funds seeking preservation and appreciation will naturally look for new outlets. A new narrative for the crypto market may be brewing.

**But stay calm.**

The speech was fiery, but polling data poured cold water—only 36% of the public approve of the economic performance. What does this indicate? Policy implementation is far from smooth, institutional constraints still exist, and the Fed’s independence will not be so easily shaken. What the market should truly focus on are the substantive changes in Fed personnel and whether more aggressive rate cut measures will appear in upcoming decisions.

Rather than blindly following the emotional hype of speeches, it’s better to think ahead: if liquidity indeed enters a new cycle, how will asset patterns evolve? Will $ETH, $SOL, and other ecosystem tokens benefit? How should market participants respond?

This speech is just a signal. The real determinants of the market’s future direction are policy implementation and genuine market reactions.

(This article only summarizes publicly available information and market logic and does not constitute any investment advice.)