What impact will this rate cut have on the market?
Let's first review the relationship between previous bull market cycles and rate cuts
The most recent rate cut was in 2019-2022, when the epidemic broke out
The two most recent halvings were in 2016 and 2020
The big bull market started in 2017 and 2021
2018-2020, 2022-2024 are bear markets.
It should be noted that the 2021 bull market is the simultaneous outbreak of the epidemic and rate cuts.
This bull market 24-25 is also the overlap of the bull market and rate cuts
We need to be clear about time, space, and background.
At the same time, we also need to know that the industry is bearish for two years, turbulent for one year, and bullish for one year.
For previous rate cuts and bull markets, we can only refer to them, and cannot copy them mechanically
