The "Warsh" Effect:
Why Altcoins are Shaking
The weekend’s volatility wasn’t just "crypto being crypto." The nomination of Kevin Warsh as the new Fed Chair has sent shockwaves through the industry. Known for his past skepticism of quantitative easing (QE), his potential lead at the Fed is triggering an unwind in "debasement trades." Major players like Solana $SOL and Ether $ETH saw 17% intraday drops. However, technical indicators like the RSI(14) are now hitting deep "oversold" levels. Smart money is watching for a "countertrend squeeze"—are you ready to catch the bounce?
Trending Coins: SOL, ETH