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Raoul Pal - "The CRASH IS FAKE! The Banana Zone Storm Is Just Starting"

Here is the English translation, with <> elements left unchanged:

The past does not repeat itself, but it rhymes.
Christmas is just around the corner, and the new year of 2025 is approaching. With the buffs of Christmas, New Year, Trump's inauguration, and Bitcoin's halving year... Bitcoin may have the chance to end its adjustment and return to an upward trajectory.
As Christmas arrives, has the crypto market correction come to an end?
The Federal Reserve announced a rate cut last week and lowered the possibility of further rate cuts, leading to a global market crash. Bitcoin plunged from its all-time high of $108,000 to around $90,000 in just a few days, and <Altcoins> were even more bloodbath, with some tokens losing all their gains from the bull market period.
Bi...

Christmas is approaching, can Bitcoin get back on the upward trajectory?

I have always believed that <@AbstractChain> is the last hope for the L2 track, as they are backed by the fat penguin <@pudgypenguins> <@LucaNetz>. If Abstract cannot make it, L2 will be completely doomed. Over the past few months, due to my deep involvement in the Abstract community, I have accumulated two contributor identities (Elite+Giga), which seems to be the only one in the Chinese region. Because of these two Roles, I have received an additional 266,000 $PENGU, which, based on the on-chain price of 0.05U at the time, is worth over 1.3...

The last hope of L2! Penguin Chain Abstract's most complete zero-effort tutorial

Bitcoin’s 15% correction during the third week of December marked its largest weekly price drop since August. Experts attribute the decline to the impact of global macroeconomic factors, warning that ...