This is exactly the kind of day where everyone focuses on one headline, while the real story is what happens AFTER the decision. Crypto doesn’t just react to a hike or a hold. It reacts to expectations, liquidity, Warsh’s wording and what the market believes comes next. A surprise can create violent volatility in both directions, especially when leverage is high and traders are positioned for the same outcome. I wouldn’t be surprised to see a sharp move, a huge liquidation wave and then a complete reversal. The first reaction is not always the real reaction. Today is one of those days where Bitcoin can move thousands of dollars within minutes and drag the entire market with it. Keep your eyes on Warsh and the reaction, not just the headline.