The Federal Reserve's Bullard recently sent an important signal: current interest rates have entered the neutral zone. What does this mean? In simple terms, the policy is "insuring" the economy.

Let's review the background: After the Fed cut interest rates by a total of 75 basis points in 2025, the policy focus shifted from large adjustments to fine-tuned management. But the problem is, the economic recovery hasn't been as smooth as expected. PCE inflation remains at 2.8%, still some distance from the 2% target; meanwhile, employment data appears solid, but hiring growth is slowing, and this "mixed" situation hides dual risks.

For investors in mainstream cryptocurrencies like SOL and ZEC, the key question is: Will the Federal Reserve continue to cut rates? The pragmatic answer is—probably not a large cut. The Fed needs to balance inflation and employment, avoiding inflation rebound while preventing excessive rate cuts from harming economic growth. This "tightrope" policy stance suggests the market shouldn't overly bet on rate cuts.

Looking ahead to 2026, tax cuts, rate reductions, and possible regulatory easing may become growth drivers, but concerns such as high industry concentration and weak market sentiment remain. Overall, a cautious optimism is a reasonable attitude—closely monitor data and avoid preset paths.