2025-12-10 18:22:40

Early morning's monetary policy drama was more intense than expected.

The Federal Reserve did indeed cut interest rates by 25 basis points, bringing the target range to 3.50%-3.75%, but Powell's words hinted that "don't expect more" in the future. The market initially thought they could breathe a sigh of relief, but it turned out to be more like a period rather than a comma.

What's more troublesome is that the government shutdown has muddled economic data—decision-makers are flying blind. The FOMC is now sharply divided, with rumors of a potential 6:6 deadlock. Powell's term is about to end, and team consensus is breaking down.

The dollar has strengthened opportunistically, driven by coordinated actions from six central banks, putting immense pressure on emerging markets. Mainstream cryptocurrencies like BTC and ETH are oscillating accordingly, with short-term trends entirely dependent on policy signals.

In 90 minutes, when the data is released, how will the market react? Stay tuned.

BTC-0.04%

ETH1.2%

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DaoResearcher

· 12-13 17:16

From the voting data of governance proposals, the 6:6 deadlock hypothesis has been established within a 95% confidence interval, and the disintegration of the FOMC consensus can be considered an economic crisis. --- According to the logic of the white paper, a strengthening US dollar → pressure on emerging markets → liquidity exhaustion in the crypto market. This causal chain perfectly matches the incentive-incompatibility characteristic of token economics, and it feels like history is repeating itself. --- Wait, is there a split in the Powell team's opinion? Isn’t this just a replica of DAO voting falling into multiple equilibria? Decentralization to the extreme ends up causing decision paralysis, which is indeed ironic. --- It’s worth noting that the government shutdown causing data black boxes is technically due to a lack of on-chain transparency. If the hypothesis holds, the fragility of centralized decision-making systems has been thoroughly validated. --- What can 90 minutes of data change? More information for blind pilots is useless; in the face of systemic risk, individual data points are meaningless. --- BTC’s movement with policy shifts indicates that we haven't truly decentralized yet. Quoting Vitalik’s perspective makes it clear — the ultimate form of autonomy should be completely detached from external variable influences.

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TokenRationEater

· 12-12 11:50

Powell's heavy-handed approach is too ruthless, it feels like there's no hope left to watch The market was somewhat fooled, I thought there were still residual funds The government shutdown is really ridiculous, economic data are all blind boxes If the FOMC remains deadlocked 6:6, the crypto circle will have to shake again in the next couple of days The dollar is holding strong, but emerging markets and cryptocurrencies will still have to take a hit Let's wait for the data, see if the 90 minutes can save the scene Powell is about to step down, he's almost losing control In the short term, this market is just a puppet on policy's string

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MetadataExplorer

· 12-10 18:52

A period is not a comma; now they're really determined, shorts must be laughing to death.

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TrustlessMaximalist

· 12-10 18:51

What is Powell hinting at? Is there really no hope for the next step? Feels like the market has been cut off by a wave of expectations.

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