🧿 Fed Theater, Real Rates Warsh clearing committee is a headline, but Powell’s final press conference is the real hinge point. I think this is less about personnel and more about how the market rewrites the policy path from here. 🧲 Bull case: if Powell sounds even slightly more tolerant of easing, BTC and ETH get a cleaner macro backdrop, and rate-sensitive crypto narratives can breathe. Bear case: if the transition starts to feel politically loaded, the Fed’s credibility premium weakens and volatility can spike even without any actual policy change. My lean is that the headline matters most for sentiment today, while the deeper effect shows up later through expectations, not decisions. 👁️‍🗨️ The sharp takeaway: leadership drama is noise until it changes the rate story, and that’s the only channel that really matters. ⚠️ Personal analysis only. Not financial advice. DYOR. #BTC #ETH #CryptoAnalysis