Did this wave of news blow up the market this morning or what? During a cabinet meeting, Trump directly hinted that Hassett might take over the Fed next year, and while he was at it, he went all out dissing Powell for “playing dead when it’s time to cut rates.” The wildest move? Even JPMorgan’s CEO Dimon was brought out as a backer. This scene basically spoiled the biggest financial suspense of 2025 way ahead of time.

Honestly, I’ve been grinding through the last bull market all the way to now, and I’ve seen way too many people lose their heads when explosive news like this hits. Those guys who go all-in the moment they hear “leadership change” or “rate cut” usually end up feeding the whales. You have to look at this from three angles:

**First, a change in personnel doesn’t mean money’s coming in.** Sure, Hassett is one of Trump’s old crew, but this guy’s political instincts might outweigh economic data. Don’t naively think he’ll open the floodgates the moment he takes office—the complexity of policy games is way beyond your imagination.

**Second, expectations are the easiest thing to backfire.** The whole market is hyping the rate-cut narrative right now, but if Trump or Hassett suddenly says, “Let’s wait and see,” panic selling could bury you six feet under. There’s never a shortage of reversal scripts in the market.

**Third, don’t get reckless with leverage right now.** During interest rate sensitive periods, BTC and ETH volatility can spike like crazy, and high-leverage traders could get wiped out by a single long wick.

My take is simple: In the mid-to-long term, the Fed’s power transition will definitely amplify market volatility, but the overall direction for crypto hasn’t changed. The easing cycle will come sooner or later; right now, the whales are just using news to shake out retail. If you panic-sell now or go all-in out of FOMO, you’re falling into a trap either way. The real pros gradually build positions when emotions peak and scoop up bargains during panic sell-offs. Stay cool—don’t get thrown off by the noise.