It's 2 a.m. for Wosh's debut, here are a few points:

This person is quite interesting, the first Federal Reserve Chair in history to openly hold crypto assets, with a bunch of Solana, OP, dYdX projects, and has also said that Bitcoin is the new gold for people under 40.

Looks like one of us, right? Don’t overthink it.

His monetary policy is hawkish; he resigned back then mainly because he opposed QE. Now CPI has returned to over 4%, and a rate cut tonight is basically out of the question.

Three key points:

First, the phrase “next step may be rate cuts” in the statement will most likely be removed, signaling the end of the rate-cutting cycle. Second, he might skip the dot plot altogether; without an anchor, the market could panic in the short term. Third, the rate cut expectations have been pushed out to 2027.

For the market, short-term pressure is inevitable, but in the long run, it’s a positive. After all, he understands this industry and opposes CBDCs, which is good for DeFi and stablecoins.

The wind is rising; we’ll see the outcome at 2 a.m.

Don’t leverage too high, don’t rush in; wait until the direction is clear. $BTC $ETH #Marvell大跌近10%