#Strategy加仓BTC TURTLE, AXS, DASH How have they performed in recent weeks? Maybe we need to understand from a bigger picture.

Data released on January 15th caused a big news story—the US weekly unemployment claims plummeted to 198,000, indicating a fairly resilient economy. But here’s the problem: good data has actually closed the window for rate cuts. Goolsbee and Schmied, two hawkish Federal Reserve officials, both stated that inflation has not truly cooled down, and maintaining high interest rates is necessary to see it through.

In simple terms, the Federal Reserve is now in a difficult position. On one side, Trump is repeatedly pressuring for rate cuts to rescue the economy; on the other side, the inflation ghost has not fully disappeared—any slight easing could undo the rate hikes of the past few years. Even more painfully, Powell’s team also has to deal with various political investigations, and their independence has been eroded to a breaking point.

Although starting in 2025, the Fed will begin large-scale monthly purchases of short-term US bonds to ease fiscal pressure, the bottom line for interest rates remains firmly guarded. This is not flexible strategy; it’s more like being cornered.

What keeps people awake at night is the series of numbers that follow—the scale of US debt has skyrocketed over the past decade, with annual interest payments surpassing one trillion dollars, and its share of GDP is about to explode. The proportion of US dollars in international reserves has fallen from high levels to 56%, hitting a multi-decade low. Global confidence in the dollar system is gradually disintegrating.

Once the independence of the Federal Reserve is completely torn apart, what will it use to maintain the international financial order? Is this confrontation a matter of principle, or a futile last struggle? The real storm has just begun.