The Federal Reserve announced in its 2026 first rate decision that interest rates will remain unchanged at 3.50%-3.75%, pausing three consecutive rate cuts, in line with market expectations. Powell stated that inflation is still high but easing, and rate hikes are not a basic assumption; rate cuts may be restarted later this year once conditions are ripe.

After the decision, gold and silver continued to surge, with precious metals reacting first to the easing expectations. The question is: in the context of delayed rate cut expectations and strengthening safe-haven assets, will the crypto market still lag behind?

Do you think funds will continue to favor gold and silver, or will they rotate into Bitcoin and Ethereum as policy paths become clearer? How should investors position themselves for the upcoming macro window?