[Real Vision Co-Founder Raoul Pal: The Value of Bitcoin and Other Crypto Assets is Undervalued] Real Vision Co-Founder Raoul Pal stated during the 'When Shift Happens' podcast on May 28 that Bitcoin and crypto assets remain in a long-term upward trend and are currently in a value trough, with their allocation value potentially even higher than tech stocks. In his view, there are three major driving forces behind this: 1. Traditional financial institutions are accelerating their entry, and stablecoins will become the core bridge connecting traditional finance with the on-chain world. 2. As crypto regulatory frameworks gradually improve, blockchain applications and institutional funds are expected to see comprehensive liberalization. 3. Under global debt pressure and expectations of monetary easing, more liquidity will ultimately flow into risk assets.