Autumn

when

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/crypto-market-insights-by-raoul-pal/" data-wpel-link="internal">Crypto Market Insights by Raoul Pal</a><br></p>
<p style="text-align: justify">While uncertainties in cryptocurrencies continue and in light of alarming data from the USA, a new interest rate decision is announced, eyes seem to turn to statements made by key figures in the market. In this context, former <strong>Goldman Sachs</strong> executive Raoul Pal believes that the current market cycle has reached the “crypto summer” phase and that two classes of <a href="https://coin-turk.com/pasif-gelir-kazanabileceginiz-kripto-paralar" data-wpel-link="internal">altcoins</a> could host absurd price increases.</p> 
<h2 style="text-align: justify" id="famous-figure-s-crypto-comments">Famous Figure’s Crypto Comments</h2> 
<p style="text-align: justify">Recently, Pal told his followers and users on the social media platform X that during the upcoming bull cycle in cryptocurrencies, projects related to artificial intelligence (AI) and tokenized real-world assets (RWA) could move parabolically.</p> 
<p style="text-align: justify">A “crypto summer” can generally be interpreted as rising prices and higher trading volumes. Pal comments on the matter:</p> 
<blockquote> 
 <p>However, <a href="https://en.coin-turk.com/bitcoin-price-analysis-why-cant-bitcoin-break-35000-permanently/" data-wpel-link="internal">Crypto</a> Summer and Autumn will be confusing because everything will have a narrative and get caught up in the excitement. This is the time when memes really dumb down in price, and unproven narratives like AI and RWA go to foolish valuations.</p> 
</blockquote> 
<h2 id="img-loading-lazy-loading-lazy-decoding-async-class-aligncenter-size-full-wp-image-346416-src-https-coin-turk-com-wp-content-uploads-2024-04-btc-usdt-fiyat-coin-turk-com-png-alt-width-1267-height-540"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-346416" src="https://coin-turk.com/wp-content/uploads/2024/04/btc-usdt-fiyat-coin-turk-com.png" alt="" width="1267" height="540"></h2> 
<h2 style="text-align: justify" id="will-solana-outperform-bitcoin-and-ethereum">Will Solana Outperform Bitcoin and Ethereum?</h2> 
<p style="text-align: justify">Additionally, the famous figure commented on <strong>Ethereum</strong> (ETH), believing that ETH could perform better than <strong><a href="https://coin-turk.com/marty-bent-petrol-sirketleri-bitcoin-madenciligine-akin-edecek" data-wpel-link="internal">Bitcoin</a>‘den</strong> (<a href="https://coin-turk.com/analistten-korkutan-aciklama-bitcoinde-olum-kalim-seviyesi" data-wpel-link="internal">BTC</a>) during this period, while <strong>Solana’s</strong> (SOL) performance could surpass both <a href="https://en.coin-turk.com/2024-a-pivotal-year-for-bitcoins-ascent/" data-wpel-link="internal">Bitcoin</a> and ETH.</p> 
<blockquote> 
 <p>Crypto summer is often the beginning of the ‘bubble-tastic’ alt season in autumn. This is when ETH bottoms out and starts performing better than <a href="https://en.coin-turk.com/bitcoin-price-soars-as-machine-learning-predicts-continued-uptrend/" data-wpel-link="internal">BTC</a>. This is when SOL begins to outperform BTC and ETH.</p> 
</blockquote> 
<p style="text-align: justify">The macro investor also maintains an optimistic outlook on the crypto markets, although he comments that it is hardly possible for cryptocurrencies to move in a straight line to all-time highs.</p> 
<blockquote> 
 <p>We will also see two or more severe corrections due to excessive leverage.</p> 
</blockquote> 
<p style="text-align: justify">Pal had previously made a statement indicating that Bitcoin and altcoins were approaching a period of parabolic rallies that could pave the way for higher levels. In the coming days, we will see where this statement can lead.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/crypto-market-insights-by-raoul-pal/" data-wpel-link="internal">Crypto Market Insights by Raoul Pal</a></h5>

Crypto Market Insights by Raoul Pal

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