S&P 500 averages 17% gains in the 12 months after midterms.

Historical pattern that consistently plays out. Reduced political uncertainty = risk-on behavior across equities.

For crypto: when TradFi pumps, liquidity eventually flows into risk assets. $BTC and alts tend to follow with a lag.

Watch for confirmation in Q1 2025. If SPX continues ripping, expect rotation into crypto as investors chase higher beta plays.