Stunning leadership change! 😱 New Federal Reserve Chairman Waller takes office, will Bitcoin crash or soar? 🚀🔥

Federal Reserve Chairman Powell is about to step down, and Kevin Waller is taking over! Sun Yuchen sold 200 million Bitcoin, whale Spoofy reduced holdings by 10%, will Ethereum reach $2000? No interest rate cut at the FOMC meeting on May 7, where is the crypto market headed?

Core Dynamics

Chairmanship Transition: Waller promotes conservative policies, opposes market communication, which may increase uncertainty, and emulating Trump’s rate cuts could lead to inflation.

Whale Sell-off: Sun Yuchen transferred 200 million BTC to Binance, Spoofy reduced holdings at highs, indicating a top is near.

Ethereum Potential: ETH has not reached the 0.382 resistance, may rally to $2000 before the upgrade.

FOMC Outlook: No rate cut on May 7; if Powell signals dovish hints at a June rate cut, the crypto market may surge; if hawkish, a significant drop is feared.

Investment Strategy

Short-term Operations: Positioning for OZK bullish news, shorting BTC against the 95,000 resistance, holding ETH for the upgrade.

Data Focus: April 30 PCE inflation data may push Powell to signal dovish, with a 56.4% probability of a June rate cut. Sun Yuchen and Spoofy reducing holdings indicate a peak on May 7, ETH may ride the upgrade wave to the top! Beware of Waller's policy risks, lay out rationally! ⚡️