BlockBeats news, on March 8, Raoul Pal, co-founder and CEO of Real Vision, posted that "global liquidity is the most significant macro factor in history. Since 2012, it has shown a correlation of approximately 90% with Bitcoin and as high as 97% with the Nasdaq 100 Index. Currently, global liquidity is growing by about 10% annually, with no signs of slowing down."
The GMI Financial Conditions Index typically leads global liquidity by about six months, and it remains in a sustained accommodative state. The U.S. is likely to see further interest rate cuts in the future, which will boost disposable income and increase willingness to invest in risk assets. The CLARITY Act is highly likely to pass, bringing new capital inflows. Numerous banks and asset management firms are eager to adopt this technology, and the bill will provide a clear regulatory framework. Stablecoins are growing rapidly, with issuance increasing by 50% last year and continuing to accelerate. The U.S. currently has the most supportive government environment for the crypto industry in history.
Finally, AI agents are on the horizon and could drive exponential acceleration, creating an entirely new, massive market. Meanwhile, the crypto market remains in a state of panic, with most indicators suggesting it has approached one of the most oversold levels in history. The weekly DeMark indicator is expected to form a very strong bottom structure within two weeks. If further pullbacks occur, they may complete a confluence of daily and weekly signals, potentially triggering a full trend reversal. The biggest current risk factor is how long oil prices will remain elevated. The next two weeks are a critical observation window. I believe all of this will ultimately move in a positive direction.