Recently, a topic has been gaining sustained attention in the market—the increasing pressure from U.S. politics on the Federal Reserve Chair.

According to reports, former President Trump publicly stated that the current Federal Reserve Chair "should resign," and even bluntly said, "I really want to fire him, and maybe I will." While these remarks seem to be personal opinions, they reflect a deeper political struggle over the direction of the Fed's monetary policy.

The current Chair's term lasts until 2026, making it unlikely for them to step down in the short term. However, the signals sent by such statements are worth noting—they suggest that the future decision-making environment of the Federal Reserve may face more political pressure. Traditionally, the Fed is designed to be relatively independent, but when independence becomes a contentious issue, market participants need to reassess policy expectations.

What does this mean? The core issue is the rising uncertainty about the future direction of monetary policy. If there is a change in the Fed Chair, the pace and magnitude of rate hikes or cuts could be adjusted accordingly. Expectations of easing will accelerate liquidity in the market, which is generally positive for risk assets including cryptocurrencies; conversely, tightening policies require participants to be more cautious.

The trends of mainstream cryptocurrencies like BNB, ZEC are often highly correlated with macro liquidity. When the outlook for Fed policy becomes uncertain, market volatility usually increases—this is both a risk and a potential opportunity.

At policy turning points, maintaining a continuous focus on macroeconomic data is more rational than being misled by short-term political statements.