Raoul Pal spoke out and focused mainly on Bitcoin $BTC Ether $ETH and Solana $SOL when giving us his view on the movement of these cryptos this summer and further into 2025.
Pal identified a banana zone pattern in the charts of both Sol and BTC, which he interprets as a bullish flag formation.
Pal believes that Solana will accelerate its outperformance against both BTC and ETH.
Pal warns investors against using excessive leverage, forecasting a few significant corrections during the euphoria.
His advice to investors is to maintain a balanced approach above all and not to jump into every meme hype.
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