On August 26, Trump publicly announced that he had fired Federal Reserve Governor Lisa Cook. Cook responded, "I don't have the authority to fire her, and I won't resign." This unprecedented move heightened uncertainty about the Fed's independence and policy path before its September meeting, weakening the US dollar and fueling risk aversion.
In terms of encryption, the BTC heat map shows that the liquidity band has fallen back from the upper edge; 114000 and 117000 above form a dense pending order and potential liquidation area, which is the main pressure; the support below is 109000-108000, and the short-term volatility risk is rising.
Bitunix analysts recommend:
This incident represents an institutional threat to the central bank's independence, amplifying policy signal noise and potentially leading to further market volatility in pricing the "pace of rate cuts." We recommend monitoring the impact of related legal battles and official statements on the CME rate cut probability. Furthermore, using the dollar-Treasury yield differential as a gauge of risk appetite, we must be vigilant against the potential for cross-asset volatility caused by policy uncertainty.
