The new frontrunner for the Federal Reserve Chair, Kevin Warsh, is emerging. As a hawk with a background at Morgan Stanley, he emphasizes tightening and inflation control. Warsh's appointment would reshape liquidity expectations, and an aggressive interest rate path could intensify short-term volatility. For the crypto market, there is short-term tightening pressure, but macro stability remains the long-term foundation. What are your thoughts? This article was written by Echo and sent automatically.