Is the next Fed Chair decided? Trump revealed a major piece of information at the Davos Forum — the new chair will be chosen from four male candidates: White House economic advisor Kevin Hasset, Federal Reserve Board member Chris Waller, former Fed official Kevin Waugh, and BlackRock's Rick Reade.

Trump was very straightforward: "I will soon announce the new chairperson, someone with strong ability and good reputation." But then he shifted tone to criticize — "All the candidates performed well in interviews, but once in office, they change. History has proven this." He explicitly pointed to one person: Powell reacts too slowly on interest rate issues, and the new chair must be more decisive.

What does this mean? The direction of Federal Reserve policy is likely to shift. Whether it continues to cut rates or maintains high interest rates, it will directly impact risk appetite in the crypto market. For traders, paying attention to the Fed chair selection and monitoring their stance on interest rate policy is crucial for the future cycle of Web3 assets.