Recently, the comments Duken Miller made to the media have become a hot topic. He strongly supports President Trump's nomination of Waller as Fed Chair.

The market's reaction was quite negative. Waller was viewed as a hawk through and through, and the crypto market also plummeted. Bitcoin temporarily dropped significantly as well. But Duken Miller's perspective is different. He points out that "branding Kevin as a hawk all the time is not correct."

I think this is a pretty interesting viewpoint. The relationship between Duken Miller and Waller is quite deep, with Waller serving as a partner at Duken Miller's family office, Duken Capital, since 2011. It's almost a father-son relationship, and they reportedly communicate multiple times a day. From that relationship, Waller's character might be more complex than the market assumes.

When Duken Miller says, "I can't think of anyone more suitable on this planet," it's not just lip service—it's a very serious evaluation.

Another point of interest is the partnership with Treasury Secretary candidate Scott Bessent. Duken Miller has had a relationship with Bessent for over 30 years, and he was also hired at Quantum Fund. In other words, both Waller and Bessent are seen through Duken Miller's "eye for talent."

Seeing Duken Miller say, "I have very high expectations for the partnership between Bessent and Waller. An agreement between the Treasury Secretary and the Federal Reserve Chair would be ideal," reveals a different picture from the market's perception that they are hawks.

By the way, the crypto market is currently around $73,480 for Bitcoin. It has recovered from the recent sharp drop, but policy uncertainty may still be affecting the market. Such discrepancies between policy decisions and market reactions can actually present significant opportunities, so I think it's worth paying close attention.