🔥 Who did Warsh target with his first move upon taking office?

New Fed Chair Warsh's debut directly dropped three bombshells:
First, delete all "forward guidance" — don't expect the Fed to tell you in advance whether it will raise rates;
Second, half of the committee members expect at least one rate hike this year;
Third, the statement was cut from 400 words to 130 words.
In layman's terms: Warsh doesn't want to be a master of expectation management; he wants to return uncertainty to the market.
Trump is hopping mad — oil prices dropped 24%, but gasoline fell only 14.5%. He tweeted angrily at oil companies for "gouging." But Warsh isn't biting; his logic is simple: inflation hasn't reached 2%, so don't talk to me about rate cuts.
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Looking at the broader market, it boils down to two words — divergence.
📉 Bitcoin$BTC ‌
Around 62,500, down 2.1% in 24 hours, down 4.9% weekly. 62,000 is a psychological level; if held, it could form a bottom; if not, it heads to 60,500-60,000.
📉 Ethereum $ETH ‌
Worse, down 3.7% to 1,662. The ETH/BTC ratio dropped to 0.027, a two-year low. Last night it rallied to 1,779 but then crashed to 1,633. Long positions worth $170 million were liquidated, and below 1,648, another $674 million awaits liquidation.
In one sentence: capital is rotating from ETH to BTC.
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🚀 Today there's another new story — $NES ‌
Launch. AI privacy Layer1, opened directly to 0.28, all-time high 0.298, low 0.1. New coins are highly 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 rise → risk assets under pressure.
Weak data → rate cut expectations restart → possible relief.
Whether 62,000 is the bottom or the halfway point will be clear in the next two weeks.
💬 Do you think ETH/BTC will continue to fall or has it bottomed? Chat in the comments.
🔔 Follow me, no hype, just plain talk.
#以太坊基金会重组降本