🔥 Who took the heat from Walsh's first move?

Federal Reserve Chair Walsh's debut threw three bombs:
First, delete all "forward guidance"—don't expect the Fed to tell you in advance whether they'll hike rates anymore;
Second, half the committee expects at least one rate hike this year;
Third, the statement was slashed from 400 words to 130.
In plain English: Walsh doesn't want to be a master of expectation management; he wants to return uncertainty to the market.
Trump is fuming—oil prices dropped 24%, but gasoline only fell 14.5%, and he tweeted angrily accusing oil companies of "price gouging." But Walsh doesn't care. His logic is simple: inflation hasn't hit 2%, don't talk to me about rate cuts.
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Now look at the broader market—two words: divergence.
📉 Bitcoin $BTC ‌
At around 62,500, down 2.1% in 24 hours, down 4.9% in the week. 62,000 is the psychological level. If it holds, we might see a bottom; if not, it goes 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 tried to rally from 1,779 but got slammed to 1,633. $170 million in long positions liquidated, with another $674 million waiting to be liquidated below 1,648.
In a word: money is flowing from ETH into BTC.
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🚀 Today there's also a new story— $NES
Launched. AI privacy Layer1, opened straight to 0.28, all-time high 0.298, low 0.1. New coins are volatile, best to watch from the sidelines.
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Three things to watch going forward:
July 2 Nonfarm Payrolls, mid-July CPI, July 28 FOMC.
Strong data → rate hike expectations heat up → risk assets under pressure.
Weak data → rate cut expectations revive → possible relief.
The 62,000 level—is it the bottom or the halfway point? We'll find out in the next two weeks.
💬 Do you think ETH/BTC will keep falling or has hit bottom? Chat in the comments.
🔔 Follow me, no hype, just straight talk.
#以太坊基金会重组降本