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

Federal Reserve Chairman Walsh's debut dropped three bombs:

First, delete all "forward guidance"—don't expect the Fed to tip you off about rate hikes anymore.

Second, half of the committee members expect 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 furiously at oil companies for "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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Looking at the broader market, it's just one word—divergence.

📉 Bitcoin $BTC

Around 62,500, down 2.1% in 24 hours, down 4.9% weekly. 62,000 is the psychological level. If it holds, a bottom may form; if it breaks, next stop 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. It rallied to 1,779 last night then dumped straight to 1,633. $170 million in long positions liquidated, with another $674 million waiting to be cleared below 1,648.

In short: money is rotating from ETH into BTC.

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🚀 There's a new story today—$NES

Launch. AI Privacy Layer 1, opened at 0.28, all-time high 0.298, low 0.1. New coins are volatile; mostly just watch.

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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 breather.

Whether 62,000 is the bottom or the middle of a drop will be clear in the next two weeks.

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

🔔 Follow me—no hot air, just plain talk.

#以太坊基金会重组降本