If the Fed chairman really leaves, the crypto market will probably shake a bit first - but after the shake, there might be significant opportunities hidden.

Let's talk about the current situation. As soon as there are rumors of Powell's resignation, algorithmic trading and short-term funds will surely go into a frenzy, and the volatility of mainstream coins like Bitcoin could easily double from the start. Looking back at the incident in April 2025, when Trump just withdrew his threat to fire, BTC skyrocketed by 6% that day, directly breaking through the $93,000 mark. What does this indicate? As soon as policy expectations loosen a bit, the market reacts like it's been injected with adrenaline.

What about looking further ahead? The new leaders will mostly have to align with the pace of interest rate cuts — after all, in the current environment, whoever takes office cannot escape the pressure of liquidity. When interest rates fall, the appeal of the dollar naturally weakens, and this money has to find a place to go; encryption assets are just right to take over. More crucially, if the Fed's independence is called into question, it will instead strengthen the narrative of Bitcoin as 'digital gold' — when the demand for hedging arises, there will be even less reason for funds not to shift this way.

Of course, don't just think about the good things. Newcomers may tighten regulations, or simply have conflicting policies that could throw the market into chaos, and a phase of market crash is not impossible. In short, in the liquidity game, risks and opportunities are intertwined, and the key is how you grasp the rhythm.