Silver has broken through the $60 mark! As soon as the Fed's interest rate meeting started in December, the precious metals market exploded - silver soared by $60 per ounce, and the cumulative increase this year has doubled. Behind this wave of ferocious market is the market's strong expectations for interest rate cuts.

Let's take a look at a few key signals: The Federal Reserve will start its two-day meeting on the 9th, and the current market forecast is an 80% chance of cutting interest rates by 25 basis points. The recent weak U.S. employment data, coupled with Trump's public statement that interest rate cuts are a test of the new Fed chairman's ability, several popular candidates have also sent signals that "there is enough room for significant rate cuts." Catalyzed by this easing expectation, silver prices have been running wildly. UBS is even more aggressive, directly setting a target price for silver in the $58 to $60 range in 2026, and even predicts that it may touch $65.

What does this wave of rate cut expectations mean for crypto players? To put it simply, cutting interest rates is to make market liquidity more abundant. When the cost of capital is reduced, hot money will naturally look for high-risk and high-return investment targets. Silver has reacted in advance, and cryptocurrencies, as more volatile alternatives, could theoretically benefit from an accommodative environment. After all, when money becomes "cheap", investors are more willing to allocate part of their funds to the digital asset field.

But cold water must be poured here: silver has doubled, and analysts have warned of a possible pullback, and cryptocurrencies can fluctuate much more than silver. The routine of "buying expectations and selling facts" is not uncommon in traditional finance - when interest rate cuts are actually implemented, it may trigger profit-taking. Moreover, there are disagreements within the Fed about rate cuts, and some officials are worried about the resurgence of inflation. So don't stud, position management is more important than anything else.

The biggest suspense now is: Will this interest rate meeting be cut as the market expects? If the interest rate cut is realized, will Bitcoin be the first to break through or will altcoins explode first? What do you think of the direction of this wave of market?