Earlier this morning, the Federal Reserve paused its rate cut cycle, which has been ongoing since September last year. Coupled with the sudden escalation of tensions in the Middle East and the looming clouds of war, global risk aversion sentiment quickly surged. Gold and silver prices surged strongly, with funds clearly flowing into traditional safe-haven assets. Gold temporarily reached $5600 per ounce, and silver hit $119 per ounce! In stark contrast, the crypto market experienced a rollercoaster. BTC once again fell below the $90,000 mark, and ETH also lost the $3000 level, indicating that the overall market sentiment was under significant pressure. Although this situation is unlikely to change in the short term, with everyone around discussing gold, it’s hard not to feel that the time for a lively market has arrived! The market is never driven by a single main theme; sector rotation is only a matter of time. I believe that soon, the long-silent crypto community will also迎来 our moment of celebration!