$DASH $ZEN Attention, the financial markets will be volatile tonight.

The latest development is that Powell’s side has directly pushed back. They have hired top legal teams and publicly announced their refusal to succumb to political pressure, firmly committed to maintaining central bank independence. This is not just a simple policy adjustment; in plain terms, the central bank is safeguarding its own power.

The signal being sent is very clear: trying to pressure for easing? Dream on. The future direction of interest rates will strictly follow CPI and employment data, with political considerations sidelined. What does this mean for the market? Those betting on "political rate cuts" may be disappointed; high interest rates could last longer than expected.

What impact does this have on crypto assets? In the short term, liquidity will be under pressure, and the market may experience some volatility. But looking deeper, the independence of the central bank faces political challenges, and the fiat currency credit system is under scrutiny — which just happens to be the narrative support for non-political assets like Bitcoin. If friction arises in the traditional financial system, the safe-haven value of crypto assets will be recognized by more people; this is a long-term logic.

The next major event is the CPI data release tonight. The core data will directly impact expectations for rate cuts. If the data exceeds expectations and is high, rate cuts will be delayed further, putting risk assets under pressure; conversely, if the data is moderate, the market may rally on expectations of easing. The current advice is to stay calm and wait until market sentiment stabilizes before taking action.

With macro strategic considerations and key economic data, tonight is destined to be turbulent. What do you think of this tug-of-war between the central bank and politics? Can Powell’s tough stance change the market rhythm? $U