#数字资产市场动态 ⚠️ Tomorrow could be a turning point as the U.S. Supreme Court is about to hear a case called "Trump v. Cook." It sounds dry, but this matter concerns whether the Federal Reserve can continue to operate independently.

The core issue of the case is actually one question: Does the White House have the authority to replace Federal Reserve Board members "for cause"? If the court rules "yes," then the door to political interference in monetary policy will truly be opened. UBS analysts have been frank—this logic ultimately points to Powell. The Fed's stance of "political neutrality" may start to weaken from tomorrow.

Even more concerning are the details: the Department of Justice is still investigating certain matters related to the Fed, which is widely seen as paving the way for Powell's removal. Chairman Powell's term ends in May 2026, but the term for the Board members extends to 2028. Once political interference becomes legally permissible, these protections will become meaningless.

What does the market care about? Once the independence of the Fed is truly eroded, the credibility of the dollar and U.S. Treasuries will be questioned. Market volatility in 2026 could surpass many people's expectations. This is not just a legal issue but a stress test on the underlying logic of the dollar in the global capital system.

Tokens like $ARPA, $XRP, and $DUSK are also affected by this broader environment. The key question is: Are you still optimistic about buying the dip, or are you preparing to hedge your risks in advance? Feel free to share your judgment in the comments.

Is market confidence still stable?