2️⃣/🧵

📈 2017 bull market: Fed HIKED rates non-stop until Jan 2019.
📈 2021 bull market: Rates started at 0. Hikes began in Mar 2022.
🔥 2025 is different: First post-halving year where the Fed is CUTTING rates.

— guscu (@guscuX) August 2, 2025