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Co-founder and Chief Executive Officer (CEO) of Real Vision, Raoul Palhas doubled down on his bullish outlook for Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), calling these cryptocurrencies “the greatest macro trade of all time.” Despite recent fluctuations and short-term volatility, Pal argues that the market is positioned for an explosive breakout, which investors should prepare for. Macro Set-Up For Bitcoin And Ethereum Surge
While Bitcoin, Ethereum, and Solana face a downtrenddue to rising volatility, Pal remains steadfast in his optimistic projection, believing that the market is in the greatest macro target of all time. The Real Vision CEO shareda series of thread posts on X (formerly Twitter), highlighting technical indicators and macro factors that would positively influence Bitcoin and Ethereum’s price trajectory. Related Reading Bitcoin Price Forms Double Bottom After Crash, Is A Bounce To $112,000 ATH Possible? 2 weeks ago
Sharing a logarithmic weekly chart of Bitcoin, Pal indicated that Bitcoin had experienced a long-term price uptrend line since 2020, showing a distinct pattern of higher lows. Currently, Bitcoin is moving within a tight trading range, which Pal believes could be bullish, as a strong break above the resistance line could trigger a major run.
Similarly, the Real Vision Co-founder presented a price chart of Ethereum, highlighting that ETH is currently consolidated within a symmetrical triangle, signaling the potential for a price breakout. Typically, a symmetrical triangle patternis seen as a bullish signal for ETH, but considering its recent underperformance compared to cryptocurrencies like Bitcoin and Solana, a strong bullish breakout remains skeptical. Source: Raoul Pal on X
Looking at the symmetrical triangle, a breakout from the upper trendlinecould see the Ethereum price skyrocketing to $4,000 or even higher based on Pal’s chart. Additionally, the Solana price, which has been seeing varying momentum lately, has tested a key horizontal resistance multiple times, forming a strong accumulation base. Historically such consolidation phases tend to precede explosive rallies, provided that broader market trends remain favorable.
In his post, Pal encourages traders to “zoom out” , likely suggesting a shift from short-term fluctuations to long term cycles. He warned against excessive leverage and risk-taking to avoid liquidation in volatile conditions. He also urges traders to remain patient, watching how the market unfolds and preparing ahead of a potential bullish surge. Market Volatility Raises Fear
In his analysis, Pal suggested that the broader crypto market is currently plagued by fearand panic, as volatility rises and crypto prices experience a downtrend. He explains that a significant portion of crypto investors or traders are currently bearish. Related Reading Bitcoin, Ethereum, And Solana: Real Vision’s Raoul Pal Calls The Greatest Macro Trade Of All Time 56 minutes ago
This could be due to the fact that following Bitcoin’s price crashto below $100,000 after the announcement of Donald Trump’s tariff plans, many altcoins also declined severely, with Ethereum, Dogecoin, and Solana being among the top losers.
Due to this market change, many in the market had sold off their tokens to avoid further losses. Despite this bearish trend, Pal maintains an optimistic outlook, expecting a strong surge for Bitcoin, Ethereum, and Solana. BTC trading at $96,193 on the 1D chart | Source: BTCUSDT on Tradingview.com Featured image from Unsplash, chart from Tradingview.com