#数字资产市场观察 Just now! A message has just exploded and woke up the late-night traders.

Reuters reported that Federal Reserve Chairman Jerome Powell suddenly submitted his resignation to the White House and would leave after an emergency meeting tonight. Once this news broke, the market went wild—Bitcoin skyrocketed from $81,000 to around $91,000, U.S. stock futures fluctuated wildly, and the dollar index dropped like a broken string.
To be honest, the timing of this choice is quite strange.
At the end of the year, liquidity is already tight, and yet there is a power transition happening at this moment? What exactly is going to be announced at tonight's emergency meeting? And the most crucial question - is the successor planning to ease up or continue tightening?
**I think there are several directions to pay attention to:**
If a dovish faction takes over, the market will likely get a boost. Once the expectation of interest rate cuts arises, funds will need to find a place to go. But what if a hawkish faction comes to power? In the short term, there will definitely be some fluctuations, but for some people, the greater the volatility, the more opportunities there are.
By the way, let me mention a few data points that I find quite interesting:
- This week, the net inflow of Ethereum spot ETF reached 368 million USD.
- The probability of a rate cut in December reported by CME has soared to 86.4%.
- There is a listed company called Prenetics, and their Bitcoin return rate has actually reached 435%.
**Don't miss these time points from tonight until tomorrow morning:**
Powell's farewell speech, the White House press conference, and the release of the meeting minutes. Every time the Federal Reserve changes personnel, the market tends to shake, and this time is probably no exception.
What do you all think? Do you feel it's time to go all in or to hold back? How are you planning to adjust your positions?