Don't worry about the Fed rate decision results anymore.



$ETH Federal Reserve Governor Kevin Warsh is set to become the next Fed Chair (expected to take office in May 2026), and it hints that Kevin Hassett, Director of the White House National Economic Council, is also a strong candidate.

Objective: These nominees are considered more inclined to cooperate with the White House's loose monetary policy and may even accelerate the rate-cutting process after taking office, breaking the Fed's traditional independence.

Currently in a recovery period following a sharp decline, with direction still unclear. If holding long positions, it's recommended to set stop losses defensively below the 2,150 round number; if holding short positions, pay attention to resistance performance in the 2,235-2,240 zone.

Trend Judgment: Overall still in a bearish-dominated oversold rebound or consolidation at low levels. Unless price can effectively hold above 2,240, avoid blindly bullish views and remain alert to the possibility of "downside continuation."

Market sentiment is bearish, with short-term price seeking direction within the 2,150-2,240 range. The current focus is observing the effectiveness of the 2,151.68 low support. Before breaking through the midline, treat it with a range oscillation approach and maintain strict stop losses.
ETH-6,72%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
MakeTheFirst100Million.vip
· 7h ago
Newly appointed, interest rate cut in September, stocks rise
View OriginalReply0
  • Pin