宏觀策略師拉爾·帕爾（Raoul Pal）在最近的市場波動中概述了他對加密投資者的前景

宏觀策略師拉爾·帕爾（Raoul Pal）在最近的市場波動中分享了他對加密投資者的看法，強調耐心和適當的風險管理是必不可少的

Macro strategist Raoul Pal has shared his outlook for crypto investors amid recent market volatility, emphasizing the need for patience and proper risk management to navigate this correction.

宏觀策略師Raoul Pal在最近的市場波動中分享了他對加密投資者的看法，強調需要耐心和適當的風險管理來駕駛這一更正。

What Happened: In a recent podcast episode, Pal discussed the factors contributing to the downturn, which he sees as part of a normal bull market correction.

發生的事情：在最近的播客中，Pal討論了導致低迷的因素，他認為這是正常的牛市校正的一部分。

"We’ve got global financial conditions tightening. Financial conditions tightened last year due to the dollar rallying in anticipation of Trump and rising rates ahead of potential tariffs," Pal explained.

帕爾解釋說：“我們的財務狀況正在加劇。由於預期特朗普和潛在關稅的利率上升，去年的財務狀況收緊了。”

His advice to investors boils down to managing risk effectively.

他對投資者的建議歸結為有效地管理風險。

"If you’re using leverage, you are going to get blown out and you’re going to lose control of your tokens. If you’re not using leverage and you have a good risk-management system, you’re going to be okay," he added.

他補充說：“如果使用槓桿作用，您將被炸毀，並且將失去對代幣的控制。如果您不使用槓桿並且擁有良好的風險管理系統，那麼您會沒事的。”

Pal also referenced his M2 money supply model, which he developed with analyst Julian Batella, to predict Bitcoin's BTC/USD price movements with a 10-week lag.

帕爾還與分析師朱利安·巴特拉（Julian Batella）一起開發了他的M2貨幣供應模型，以預測比特幣的BTC/USD價格變動，其滯後時間為10週。

Commenting on Solana's SOL/USD price decline of 53% from its all-time high, Pal dismissed claims that the asset is failing.

PAL在評論Solana的SOL/USD價格下跌53％時，駁回了該資產失敗的說法。

"It’s still a very deep and robust protocol. It's not a scam coin, it's not a dead coin, and it's not a failure. People saying these things are just making stuff up," Pal stated.

帕爾說：“這仍然是一個非常強大而強大的協議。這不是騙子硬幣，不是死硬幣，也不是失敗。人們說這些東西只是在製造東西。”

He further noted that SOL's price seems undervalued compared to global M2 trends, which could indicate potential for significant recovery.

他進一步指出，與全球M2趨勢相比，SOL的價格似乎被低估了，這可能表明有可能重大恢復。

"If you look at the global M2 trends, Solana has a lot further to go down to be in line with the trends that we’re seeing."

“如果您查看全球M2趨勢，Solana還有很多事情要符合我們所看到的趨勢。”

See More: Best Cryptocurrency Scanners

查看更多：最佳加密貨幣掃描儀

What's Next: Despite the short-term market turbulence, Pal remains optimistic about the bigger picture.

接下來是：儘管短期市場動盪，但PAL仍然對更大的情況保持樂觀。

He expects the market to recover by mid-March, calling the current phase the "healing stage."

他預計市場將在3月中旬恢復，將當前階段稱為“治愈階段”。

"I think we’ll see the Banana Zone continue in April, May, and June, and we’ll get the second phase of the Banana Zone, which is the Banana Split, and then we’ll get Banana III, which is the Banana Republic."

“我認為我們將看到香蕉區將在4月，5月和6月繼續進行，我們將獲得香蕉區的第二階段，即香蕉拆分，然後我們將獲得香蕉III，即香蕉共和國。”

As the market recovers, Pal predicts a continuation of the Banana Zone, marking a significant bullish period for the crypto space.

隨著市場的恢復，PAL預測了香蕉區的延續，標誌著加密貨幣空間的看漲時期。

Image: Raoul Pal via Bankless

圖片：Raoul Pal通過無岸