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The recent remarks by Fed Chairman Powell have sent strong hawkish signals, effectively dispelling market expectations for a possible rate cut in September. This statement not only prolongs the duration of the current bull run but also triggers a new round of market falls.
Powell's stance sharply contrasts with Trump's wishes. Powell's main goal is to support the development of the real economy through sound monetary policy, while Trump is more inclined to boost the stock market through stimulus measures. This divergence in policy objectives could lead to greater uncertainty in the market.
In this case, the market may enter a highly volatile phase, exhibiting characteristics of a "monkey market"—prices fluctuating frequently up and down, lacking a clear direction. Investors need to closely monitor the Fed's policy trends and the economic measures of the U.S. government in order to adjust their investment strategies in a timely manner.
Cryptocurrency markets such as Ethereum (ETH) may also be affected by these macroeconomic factors. In the context of increasing global economic uncertainty, investors may reassess their attitude toward risk assets, which could impact the price trends of cryptocurrencies like ETH.
Overall, the current economic environment is full of challenges and opportunities. Investors need to remain vigilant and closely monitor policy changes and market trends in order to make informed decisions in this uncertain market.