🚨🚨 Warsh spoke — and the market clearly wasn’t ready for how hawkish he sounded 🚨🚨
Inflation is still too high.
The 2% target is non-negotiable.
No promises on rate cuts.
And financial conditions may not be tight enough yet.
That’s not exactly the backdrop risk assets usually love 👀
But it wasn’t all bearish.
The economy is still holding up.
Corporate earnings remain strong.
AI spending is supporting productivity and growth.
And importantly, there was no signal that rate hikes are the immediate next step — policy stays data-dependent.
Now here’s the level I’m watching:
$78K ⬇️
If Bitcoin can hold above that area after such a hawkish message, that’s a meaningful sign of resilience.
The old playbook was simple:
Fed cuts → liquidity improves → BTC benefits
But Bitcoin may now need to show it can attract demand even without the Fed giving markets an easy tailwind.
That does not guarantee the next move, but it makes BTC’s reaction around $78K a key read on underlying market strength. 👌
$BTC
$ETH
Inflation is still too high.
The 2% target is non-negotiable.
No promises on rate cuts.
And financial conditions may not be tight enough yet.
That’s not exactly the backdrop risk assets usually love 👀
But it wasn’t all bearish.
The economy is still holding up.
Corporate earnings remain strong.
AI spending is supporting productivity and growth.
And importantly, there was no signal that rate hikes are the immediate next step — policy stays data-dependent.
Now here’s the level I’m watching:
$78K ⬇️
If Bitcoin can hold above that area after such a hawkish message, that’s a meaningful sign of resilience.
The old playbook was simple:
Fed cuts → liquidity improves → BTC benefits
But Bitcoin may now need to show it can attract demand even without the Fed giving markets an easy tailwind.
That does not guarantee the next move, but it makes BTC’s reaction around $78K a key read on underlying market strength. 👌
$BTC
$ETH