Bitunix analyst: The "shadow chairman" controversy has ignited the market, causing a short-term pump in BTC. Be cautious of the expanding fluctuations due to policy changes in July.

BlockBeats news, on June 27, Powell completed his congressional hearing this week but was criticized by President Trump as a "stupid politician" and hinted at an early nomination for the new Federal Reserve Chairman. The market interprets this as "monetary policy will be more accommodative," and CME data shows that expectations for rate cuts three times this year have surged to 60%. Short-term U.S. Treasury yields have declined, the dollar has hit a nearly three-year low, and encryption assets are strengthening. The market is concerned about the independence of the Federal Reserve being compromised; if the "shadow chairman" intervenes in decision-making, it could undermine transparency and credibility, exacerbating market fluctuations. Bitunix analysts suggest: short-term funds are pouring into encryption assets for hedging, and BTC prices have rebounded, but facing political uncertainty and potential personnel changes at the Federal Reserve, fluctuations may continue to amplify. It is recommended to pay short-term attention to support level 102,500 USD and resistance level 110,500 USD. In terms of operations, consider taking profit on the rise and setting strict stop loss, waiting for further clarity on the July policy speech and nomination information.