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$COS Signal: SHORT ⚠️ (weak momentum after sharp pump)
Price is trading below MA25 and momentum is slowing down after rejection from 0.00218. RSI is also weak, showing sellers still have control in short term.
Entry: 0.00155 – 0.00160
Targets 🎯: 0.00148 / 0.00140 / 0.00132
Stop-loss: above 0.00172
If price reclaims 0.00175 with strong volume, then bearish setup can fail and trend may turn bullish again.
#JPYStableCoinJapaneseBankBacked #HotCPIBitcoinPressure #JPMorganEthereumTokenizedFund #Write2Earn

Will markets test new Fed chief Kevin Warsh? History suggests yes
As Kevin Warsh prepares to take the helm at the Federal Reserve on Friday, Wall Street veterans are dusting off an old mantra: “The market always tests new Fed chairs.”

According to Dario Perkins, a global macro strategist at TS Lombard, the historical record largely supports this conventional wisdom. In a detailed analysis of past Fed leadership transitions, Perkins found that new chairs typically face significant market turbulence in their early months.

“Janet Yellen was the only one who avoided a period of market turmoil,” Perkins noted, pointing out that the taper tantrum had already occurred before she took office.

The numbers are sobering. Research from Barclays indicates that new Fed chairs experience an average maximum stock market (SPY) (DIA) (QQQ) drawdown of around 5% in their first month, rising to about 13% by month three—larger than typical annual movements.

Bond markets (SHY) (IEF) (TLT) present similar challenges. Perkins found that Treasury yields typically rise during the first six months of a new chair’s term, with only Arthur Burns avoiding this pattern—“which is kinda ironic given his reputation today,” Perkins observed.

But Perkins suggests the conventional framing may be backwards. “It is not the market that tests the chair, but the chair that tests the market,” he argued, noting that most new chairs are eager to establish hawkish credentials early on.

This pattern traces back decades. Perkins recalled how Paul Volcker congratulated Alan Greenspan after his first rate hike: “Welcome to the club. You are now a real central banker.”

Now, Warsh is set to take over the central bank after being viewed as aligned with U.S. President Donald Trump’s preference for lower rates. But markets are now leaning in the opposite direction as inflation fears accelerate, with futures pricing over a 60% chance the Fed hikes rates before year-end.
$SIREN
{future}(SIRENUSDT)
$PIXEL
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