Raoul Pal, CEO of Real Vision and GMI, has expressed optimism about the end of the current crypto winter, suggesting that a liquidity rescue is imminent. In a recent analysis, Pal highlighted the constrained liquidity in the U.S. financial system as a key factor affecting both the cryptocurrency and SaaS markets. He noted that the U.S. government's recent shutdown and subsequent measures have exacerbated liquidity issues, impacting high-risk assets like Bitcoin. Pal anticipates that the resolution of the government shutdown, expected this week, will clear the last major liquidity hurdle. He foresees a rebound driven by upcoming liquidity injections, including fiscal stimulus and potential interest rate cuts. Pal advises patience, emphasizing that time is often more critical than price in full-cycle investing, and remains optimistic about the market's prospects for 2026.