Bitunix analyst: Fed chairman candidate narrows to three, continue to pay attention to the independence and DXY trend of the Fed

According to BlockBeats, on September 6, US President Trump said that the candidate for Fed chair has been narrowed to three, and Hassett (the director of the White House National Economic Commission) is on the list, but has not been confirmed yet. Other potential candidates include Wash and current director Waller, while U.S. Treasury Secretary Becent Becent has explicitly refused. This move shows that policy uncertainty is intensifying, especially in the context of rising expectations for interest rate cuts and weak US dollar trends. In terms of the macro market, the market digests the signal that "the September interest rate cut is almost certain", but the Fed's future interest rate cut pace will still be affected by the chairman's candidate. If dovish candidates take office, the easing process may be accelerated and the US dollar is under pressure; if neutral or hawkish candidates choose to qualify, the market will reprice and reduce interest rates. In the crypto market, the greater liquidity below BTC is concentrated at 108,500–109,000; above it is obvious pressure in the range of 113,500–114,000. ETH then fluctuates above the support zone of 4,250, and the pressure above is focused on 4,500. Bitunix analysts suggest: uncertainty about the Fed candidate will shape market sentiment in the coming weeks with non-farm data and inflation data. In the short term, the market tends to trade "interest cuts" and "interest cuts" are more likely to cause a rebound in the US dollar and pressure on risky assets. Investors need to pay attention to BTC 109,000 support and 114,000 pressure, and ETH 4,250 support and 4,500 pressure.