#比特币与代币化黄金对比 The turmoil at the center of U.S. political power has already begun to be sensed by the market...

Many see this as a political show, but from another perspective, it’s actually a solid risk signal. Trump’s dissatisfaction with the Federal Reserve has always been public—ranging from criticizing Powell for 'acting too slowly' to calling him 'stubborn as a mule,' using all kinds of harsh words. It’s not just talk; he’s also directly named FOMC members and continues to pressure the Fed.

Recently, the situation has escalated. Trump publicly accused Fed Governor Cook of falsifying mortgage approval processes on social media. Cook’s response was firm—denying all allegations outright and taking the matter to the Supreme Court. The preliminary hearing schedule is set for January next year.

From a trading perspective, what does this imply? What does it mean?

**Political interference has entered the realm of monetary policy**

The independence of the central bank is being openly questioned and challenged. What the market truly fears isn’t who is right or wrong, but the uncertainty itself. Once the credibility of the central bank becomes a pawn in political games, the movements of the dollar, interest rate structures, and even the valuation of risk assets will need to be recalculated.

Retail investors watch the spectacle, but what we need to focus on is: signs of macro variables starting to spiral out of control.

Remember this—when power begins to strike at the central bank, the market will always react in advance through price adjustments. $BTC $ETH $TRUMP