Day one, missing him. But more afraid that Wosh will turn the Federal Reserve into Trump's "cash machine."

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Old Powell is gone, Wosh is here, feels like it’s the “undercover agent” planted by the yellow hair?

Today is the first day since Jerome Powell stepped down as Fed Chair.

I thought that sending off this “Great Buddha” would calm the crypto world a bit, but on the very first day apart, I actually find myself missing him.

Recalling past love, hate, and grudges, although old Powell tortured us to death during rate hikes and balance sheet reductions, I have to say, this old man has backbone.

Especially in these last few months, even facing the threats of dismissal and investigation from the yellow hair, Powell didn’t back down.

In fact, at the last FOMC press conference, he stood his ground, refusing to cut rates, just to defend the Fed’s last dignity before leaving.

Watching Trump get so angry on Truth Social, cursing “Jerome ‘Too Late’ Powell,” I really felt quite satisfying at that moment.

He may not love the crypto world, but at least he doesn’t love the yellow hair. Sometimes, an enemy’s enemy can be a friend.

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But all good things must come to an end.

Starting today, Powell’s seat is taken by Kevin Warsh.

Honestly, I’ve always felt this guy is a “lapdog” sent by the yellow hair.

Although he was born into a wealthy family with a silver spoon and looks respectable on the surface, I checked his background and it’s pretty disappointing:

1. Obedient: He was personally promoted by Trump. During the hearing, there were clauses to recuse him, but that “nepotism” can’t be washed away.

2. Deeply familiar with crypto (actually scythe): This guy might be the most crypto-savvy Fed chair in history—because he holds dozens of crypto assets, including Solana, Optimism, and various DeFi protocols.

Normally, having an expert like this in office would be good news, but the weird part is: the Trump family now holds over a billion dollars in DeFi projects.

This scene is too beautiful for me to look at:

Trump is secretly pushing for rate cuts to boost the economy (and by the way, save his own coins), while Wosh is acting as a “puppet” in front.

A Fed chair holding cheap chips—will that bring fairness to the market, or will it cause a “targeted liquidity injection”?

The current situation is very delicate:

When Powell was in charge, the market was suffering, but that was like Da Yu controlling the flood—clear and straightforward.

Now that Wosh is coming, holding so many “shanzhai coins,” if he suddenly cuts rates sharply in 2026-2027, is he saving the market or dumping for himself and his circle?

Under the double temptations of money and human relationships, it’s hard to judge.

Brothers, cherish each moment.

Sent off a “stubborn old man,” and welcomed a “noble who understands crypto.”

I just hope this guy doesn’t turn the Fed into a “crypto market maker” for the yellow hair family.

On the first day of missing old Powell, at least he was a pure “old stubborn.” $ETH