$AEVO looks like it’s holding a strong support zone here 👀
If momentum kicks in, we could potentially see a solid move — 70%+ gains aren’t impossible from this area ✍🏻
Keep an eye on it, this could be interesting! $ESP
Fed chair transition confirmed
Jerome Powell's term as Fed Chair ends May 15, 2026. Senate votes May 11 on Kevin Warsh's confirmation, with 93.5% probability of approval by May 15.
Today is Jerome Powell's last day as Fed chair after serving in the position for 8 years. He led the Fed through: -Massive QE during the 2020 pandemic -The "transitory" inflation of 2021 -The extreme QT cycle of 2022 -The 2023 regional banking crisis -The 2025 tariff shocks and much more. Whether or not you think he did a good job, there is no denying that he has had one of the most eventful periods as Fed chair in history and gave us some crazy memes throughout it.
⚡️ TODAY: Kevin Warsh began his term as FED Chair. Let’s look at some interesting statistics: Since 2006, every new FED Chair has seen markets open in red on their first day. • Bernanke → -2.2% • Yellen → -0.9% • Powell → -4.1% One year later: • Bernanke → +13.3% • Yellen → +13.0% • Powell → -1.3% So, the market generally enters a “Who are you? Prove yourself first” mode on day one. Particularly for Warsh, the following will be critical for both equities and crypto in the coming period: • His interest rate policy • His approach to Bitcoin • His liquidity moves Source: Coin Bureau
Today marks Jerome Powell’s last day as Fed chair. Jerome has stepped down as Fed Chair after 3,018 days leading the US central bank, with Kevin Warsh confirmed as his successor. But Powell is not fully leaving the Fed. He will remain on the Board of Governors until 2028, keeping a seat inside the institution as questions over Fed independence remain front and center. For markets, this is more than a leadership change. It is a new phase for US monetary policy, Fed communication, and the political pressure surrounding rate decisions.
