<ul><li>Bitcoin hit a new intraday peak surpassing $111,800 on May 22, signaling the start of the 'Banana Zone' according to Raoul Pal.</li><li>Pal attributes the liquidity surge in markets not to inflation but to imminent policy interventions in the bond market.</li><li>He predicts the issuance of new measures by the Federal Reserve to increase liquidity, potentially leading to a surge in asset values, akin to 2017.</li><li>While Bitcoin celebrated reaching milestones, Pal suggests Ethereum and high-beta Layer-1 tokens could outperform soon, especially as certain economic indicators turn favorable.</li></ul>

Bitcoin Hits ‘Banana Zone’—Why This Bull Run Is Different

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