ChainCatcher news, Real Vision CEO Raoul Pal predicts that the crypto market is entering the "Banana Singularity" phase. He divides the current market into three stages: the breakout in November 2024, the current consolidation period, and the upcoming altcoin season.Pal stated that as Bitcoin's dominance (currently at 58%) declines, the market will experience a comprehensive bullish trend, with core winners creating higher peaks. He also noted that the current market trend is similar to the 2016/2017 cycle, and the consolidation period is expected to end soon.

ChainCatcher message, former Goldman Sachs executive and founder of macro research firm Real Vision, Raoul Pal, stated on social media, "SOL looks like a nice breakout, and after a retest, it should continue to rise. Let's wait and see."

ChainCatcher message, former Goldman Sachs executive and founder of macro research firm Real Vision Raoul Pal posted on social media, "New Treasury Secretary Scott Bessent supports using a weak dollar and low oil prices to drive growth in the U.S. and global economy. That's all you need to know. It will boost financial conditions. Scott is good for your bag. I've known him for over a decade, and he understands this."

ChainCatcher news, former Goldman Sachs executive and founder of macro research firm Real Vision, Raoul Pal, posted on the X platform stating that he and Michael Saylor have reached a consensus once again.He expressed that he also believes BTC is a pristine asset, and that the tokenization of all assets, cultures, etc., will occur, but they will not be the same, ultimately leading to a variety of assets based on BTC as the foundational layer.

ChainCatcher message, former Goldman Sachs executive and founder of macro research firm Real Vision, Raoul Pal, stated on social media, "In a bull market, the hardest thing to do is nothing. Compounding takes time, while mistakes from overtrading due to FOMO come easily."

ChainCatcher message, Placeholder partner Chris Burniske posted on X: "Whether you believe the GOAT was produced by a machine or not, this marks the beginning of people and machines realizing the extent to which machines will utilize blockchain."Former Goldman Sachs executive and founder of macro research firm Real Vision, Raoul Pal, replied: "Exactly, this showcases the power of future autonomous generative AI."

ChainCatcher news, former Goldman Sachs executive and founder of macro research firm Real Vision, Raoul Pal, stated on social media: "One day, people will realize that the biggest users of Bitcoin ETFs and most of the trading volume come from hedge funds, which are arbitraging between spot and futures, perpetual contracts. The inflow of funds is mainly not directional, only marginally impactful."Raoul Pal believes that most of the funds flowing into Bitcoin ETFs are not based on investors betting on the long-term rise and fall of Bitcoin (i.e., directional investment). Instead, this capital primarily comes from hedge funds using ETFs for short-term arbitrage, aiming to profit from price differences rather than relying on the price movement of Bitcoin itself, and most of the activity does not reflect the broader market sentiment towards Bitcoin's price trends.

ChainCatcher news, Real Vision analyst Jamie Coutts posted on social media that central banks around the world are making concessions, liquidity valves are opening, and Bitcoin is about to surge significantly. The Global Liquidity Momentum Composite Index (MSI) has shown its first bullish signal since November 2023, after Bitcoin rose 75% from November to April, then the signal turned bearish.In the past month, the Bank of Japan and the People's Bank of China have increased their balance sheets by $400 billion and $97 billion, respectively; the total global money supply (credit) has expanded by $1.2 trillion, a growth significantly accelerated by the sharp decline of the dollar. This indicates that this is coordinated with the Federal Reserve's agreement. Compared to similar phases in previous cycles (which will obviously not be exactly the same):2017: Bitcoin rose 19 times2020: Bitcoin rose 6 times2024: Estimated to be 2-3 timesTo achieve this, Bitcoin needs to push the DXY well below 101, which will be driven by ongoing central bank injections. This will push the global M2 money supply to exceed $120 trillion in this cycle. Finally, as pointed out yesterday, this is the natural state of a fractional reserve system based on credit. The money supply must continuously expand to support existing debt; otherwise, everything will collapse.

ChainCatcher news, macro research institution Real Vision founder Raoul Pal posted on social media that when the price of SUI skyrocketed, everyone realized they did not hold SUI. If SUI wants to prove itself worthy of becoming the next big hit, it needs to break the downward trend to compete with SOL, but so far it seems to have not achieved that, and he will be looking forward to that moment.

ChainCatcher news, Real Vision co-founder Raoul Pal stated that he started going long when ETH was priced below $300 and has held ever since.He revealed that he increased his bullish options position at the peak of ETH prices in 2021, which incurred a 5% loss. In response to ongoing skepticism, Pal emphasized that every trade position across all markets has been meticulously documented in Global Macro Investor since 2005 and in RV Pro Macro since 2016.

ChainCatcher message, former Goldman Sachs executive and founder of macro research firm Real Vision Raoul Pal stated on social media, "It's too early to draw conclusions, but personally, I plan to increase my holdings in cryptocurrencies and tech stocks over the next week or so. I'm not looking to catch the bottom... but rather to buy at a decent price during the macro summer/fall period we have entered (though unexpectedly interrupted by Japan).I personally believe this is a severe washout and a reset of risk leverage, and a strong rally will be a general characteristic of 2024/2025. Therefore, for me, this is the last opportunity to enter or fully build a position.Fortunately, I have sources of income, so even though I'm fully invested, I can continue to add... that is to say, I will become even more fully invested.I do think everything is happening too quickly, and liquidity/policy responses take time. We also know that every government and central bank wants a weaker dollar and lower interest rates, so they may be inclined to let this situation persist for a while before stopping.The Fed's eventual rate cuts will also bring a period of dollar weakness, which helps to form the macro summer/fall.Right now, we are in an extreme fear zone. Hold on, and make a plan that suits your risk tolerance and time horizon.Stay safe. Those who wait will find good fortune. The market is never easy, and the bull market's task is to try to disappoint you.Relax. This too shall pass."

ChainCatcher message, Real Vision analyst Jamie Coutts CMT stated on X: "Bitcoin may have already appeared on the balance sheets of multiple countries, especially those with domestic mining operations. The announcement by Trump and Robert F. Kennedy Jr. to adopt it as a reserve asset for the U.S. will be preemptively implemented by other countries. Regardless of whether these candidates are elected, the situation has changed."

ChainCatcher news, former Goldman Sachs executive and founder of macro research firm Real Vision, Raoul Pal, stated on social media, "Bitcoin is about to break through a huge cup-and-handle pattern and enter the banana range."Raoul Pal previously mentioned that the "banana range" is a concept frequently discussed by Arthur Hayes and himself. It is a highly cyclical phase when liquidity enters the market, and central banks need to refinance all debts, sweetening the deal for the people. At this time, cryptocurrencies usually surge vertically. This is driven by macroeconomic forces during the debt refinancing cycle, affecting all asset prices, but cryptocurrencies tend to perform particularly well. So the simplest approach is not to mess it up. Maintain a core portfolio with most of the asset allocation in major cryptocurrencies. If you can get it right with other assets, you can make a lot of money in that 10-20% of the portfolio, which carries higher risk but also greater returns.

ChainCatcher news, Real Vision's chief crypto analyst Jamie Coutts CMT posted on X that the best-performing crypto sector last month was not Bitcoin, but privacy coins and Memecoins. Solana was the only large-cap in the top 10 over the past month.The breadth and momentum of the DeFi, dApps, and infrastructure sectors remain poor, but signs of a cyclical low in altcoins are beginning to emerge.

ChainCatcher message, Robert Kiyosaki, the author of "Rich Dad Poor Dad," stated on social media, "Many years ago, Real Vision CEO Raoul Pal suggested that I start investing in Bitcoin. Encouraged by him, I bought 30 Bitcoins at a price of $6,000 each.Today, the same Bitcoin price is around $60,000. And I continue to buy Bitcoin every month. Simply put: Bitcoin is a rules-based currency."