#数字资产市场洞察 $ZEC $SOL $ETH

The real threat is the "bankruptcy of central bank independence" - you need to know the truth behind that Federal Reserve document.

The recent "internal document turmoil" of the Federal Reserve has been all over the screen these days, saying that in order to maintain interest rates, they need to cut 10% of their workforce, which leaves people stunned. 🤯

My view is: that document is probably fictional. But why has it become so popular? Because it hits a real pain point - the independence of the Federal Reserve is being eroded.

What is the current situation?

**First, the political meat grinder of interest rate cuts has already started.** Regardless of the authenticity of the documents, Trump's public pressure in the media, the joint letter from Congress members, and the public opinion battle in the financial markets—these are all facts written in black and white. The pressure Powell is facing now is less of an economic issue and more of a political issue.

**Second, destroying independence does not require direct confrontation.** You do not necessarily have to dismiss the central bank governor; continuous media warfare, legislative threats, and public questioning are actually more subtle and effective. The credibility of the Federal Reserve is eroded layer by layer, and the market's trust in its decisions is declining.

**Third, this changes our trading logic.** From now on, when looking at the actions of the Federal Reserve, a new dimension must be added - "political pressure coefficient." In the next rate cut, can you distinguish whether it's due to economic fundamentals or created by political pressure? This distinction is crucial for your positioning strategy.

In plain terms, the question is no longer "Will the Federal Reserve be forced to cut jobs?" but rather -- **When the purity of central bank decisions is questioned, what can we still trust?**

Every report from Wall Street and every wave of policy interpretation may be mixed with private interests behind it. In this chaotic era of information, truth has become a luxury, and those who can weave beautiful narratives often take all.

For us traders, the most practical advice is: in the future, read the official statements of the Federal Reserve and learn to "look at the second layer". Ask yourself these questions:

- What are the political considerations behind this decision?
- What angle is Wall Street distorting this news from?
- Who is bottom-fishing or top-ticking, retail investors or institutions?

To make a long story short, the linkage between the crypto market and traditional financial markets is becoming increasingly tight. Every slight change in the Federal Reserve's policy ultimately transmits to the crypto world through the flow of funds. Rather than passively waiting, it's better to actively seize this information gap.