🔥 Who is the target of Walsh’s first move as chair?

New Fed Chair Walsh made his debut by dropping three bombshells:

First, delete all “forward guidance”—don’t expect the Fed to tell you in advance whether rates will rise;

Second, half of the committee expects at least one rate hike this year;

Third, the statement was cut from 400 words to 130.

In plain English: Walsh doesn’t want to be a master of expectation management; he wants to bring uncertainty back to the market.

Trump is fuming—oil prices dropped 24%, but gas only fell 14.5%, and he tweeted angrily accusing oil companies of “price gouging.” But Walsh isn’t biting; his logic is simple: inflation hasn’t hit 2%, so don’t talk to me about rate cuts.

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Now look at the broader market—just one word: divergence.

📉 Bitcoin $BTC

Around $62,500, down 2.1% in 24 hours, down 4.9% weekly. $62,000 is a psychological level; if it holds, a bottom may form; if not, it heads to $60,500-$60,000.

📉 Ethereum $ETH

Worse, down 3.7% to $1,662. The ETH/BTC ratio fell to 0.027, a two-year low. Last night it rallied to $1,779 before crashing to $1,633. $170 million in long positions liquidated; another $674 million in liquidations waiting below $1,648.

In one sentence: money is flowing from ETH to BTC.

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🚀 Today there’s also a new story—$NES

Launch. AI privacy Layer 1, opened directly at 0.28, all-time high 0.298, all-time low 0.1. New coins are volatile; best to watch.

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Going forward, watch three things:

July 2 nonfarm payrolls, mid-July CPI, July 28 FOMC.

Strong data → rate hike expectations rise → risk assets under pressure.

Weak data → rate cut hopes revive → possible relief.

At $62,000, is it the bottom or the middle of a decline? We’ll find out in the next two weeks.

💬 Do you think ETH/BTC will keep falling, or has it bottomed? Discuss in the comments.

🔔 Follow me—no fluff, just plain talk.

#以太坊基金会重组降本