#美国非农就业数据未达市场预期 $SUI $ZEN $XRP

The Central Bank's "Declaration of Independence" is here

The recent days have been quite interesting. A major central bank governor has suddenly been very active—over the weekend, a legal team was assembled, clearly aiming to firmly defend policy independence. This is not a minor dispute but a clear political pressure and a show of strength: trying to manipulate monetary policy? Not a chance.

Three signals behind this are worth pondering:

**Signal 1**: The era of adjusting policies for elections is over. The phrase "decision based solely on data" now has legal backing.

**Signal 2**: The high-interest-rate cycle may be extended. Without short-term political interference, tightening policies can be implemented more stably. "Gradual rate cuts, prolonged balance sheet reduction" are gradually becoming the new normal, and liquidity remains tight in the short term.

**Signal 3**: Market certainty is increasing, but volatility may actually rise. The importance of monitoring CPI data has sharply increased, and the previous "news speculation" heat has significantly cooled.

A few thoughts on the crypto market:

In the long term, a truly independent central banking system enhances the sense of "fiat currency risk," which in turn supports the story of Bitcoin as a "store of value." In the short term, liquidity tightening puts pressure on all risk assets, but past panic-driven sell-offs often hide opportunities.

The central bank's bottom line has been preserved, and the world has seen this "Declaration of Independence." The upcoming congressional hearings and subsequent policy data will be the real tests for the market.