Former Goldman Sachs fund manager: The next bull market may be led by ETH, and he is considering buying

Editor's Note: This article comes fromBabbitt Information (ID: bitcoin8btc), Translator: Xi Yu, published with permission.

Babbitt Information (ID: bitcoin8btc)

Babbitt Information (ID: bitcoin8btc)

, Translator: Xi Yu, published with permission.

Raoul Pal, a former Goldman Sachs hedge fund manager, said he is considering buying ethereum because he believes the second-largest cryptocurrency could lead to the next bull rally.

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In a series of tweets, Pal predicted that an even bigger cryptocurrency pump is on the horizon as Bitcoin (BTC) explodes in the short and long term.

"Crypto pump seems to be fast approaching...#Bitcoin$BTC is preparing, potentially breaking the corner... – Raoul Pal (@RAOULGMI) July 8, 2020"

But the investment strategist believes Ethereum will see a sharp reversal before BTC breaks out.

"But this time, it may also be triggered by #ETH, which is also about to explode."