I hope that Warsh gets confirmed next weekIf Powell doesn’t leave, I have to fire himWe have to find out what happened on probe of Powell, need to show the incompetenceThinks that interest rates will go lower when Warsh gets in as Fed chairIt’s no surprise there but does he really believe that even with Warsh in charge the Fed is able to cut interest rates any time soon? It’s ludicrous thinking considering how energy prices are spiking and the potential spillover impact to other core prices. Even if the US is not directly impacted by the war, higher input cost inflation elsewhere will eventually spread over across the globe.The Fed is already on edge and adopting a more wait-and-see approach currently. It would be extremely careless to side with political motivations and to act counterintuitively against inflation risks. Even if there might not be rate hikes, I would argue that any rate cuts before the summer is not on the cards right now.
This article was written by Justin Low at investinglive.com.
💡 DMK Insight
The potential confirmation of Warsh as Fed chair could shift market sentiment, especially for ETH at $2,327.13. Traders should keep an eye on interest rate expectations, as Warsh’s stance suggests a dovish approach that could lead to lower rates. This environment typically favors risk assets like Ethereum, potentially driving prices higher. If Powell remains, the uncertainty could lead to increased volatility, impacting trading strategies. Watch for key resistance around $2,400; a break above could signal bullish momentum. Conversely, if the market senses instability, ETH could test support levels around $2,200. The flip side? If interest rates stay higher for longer, it could dampen enthusiasm for crypto. So, monitor Fed communications closely and be ready for rapid shifts in sentiment.
📮 Takeaway
Watch for ETH to break above $2,400 for bullish momentum, but be cautious of volatility if Powell stays in power.





