CoinWorld reported that on January 10, Raoul Pal, co-founder and CEO of Real Vision, stated that the cryptocurrency market is entering the 'Banana Singularity' zone, or a period where 'everything is rising.' ('Banana Zone' is a term created by Raoul Pal to describe periods of significant price increases.) Raoul Pal indicated that the market is still in the Banana Zone, and the first phase of this bull market was the breakthrough in November of last year. Next, there will be a consolidation period similar to the 2016/2017 cycle, which will not last too long. The next stage of the 'Banana Zone' is the 'Banana Singularity,' which is a season of altcoins where 'everything will rise, followed by a larger consolidation.'