BlockBeats news, on January 10, Real Vision co-founder and CEO Raoul Pal stated that the cryptocurrency market is entering the 'banana singularity' zone, or a period where 'everything is going up'. ('Banana zone' is a term created by Raoul Pal to describe a period of significant price increases.)
Raoul Pal stated that the market is still in the 'banana zone', and the first phase of this bull market was the breakout in November last year. Next will be a consolidation period similar to the 2016/2017 cycle, which will not last too long. The next phase of the 'banana zone' is the 'banana singularity', which is a period where 'everything goes up, followed by a larger consolidation' for altcoins.