ChainCatcher Message, Real Vision CEO Raoul Pal predicts that the crypto market is about to enter an interesting phase, which he calls the "Banana Singularity" 🍌. According to Pal's analysis, the market is undergoing three key stages: first is the breakout in November 2024, second is the current consolidation phase, and finally the upcoming altcoin season.

Pal points out that Bitcoin's dominance is decreasing, currently at 58%, which may indicate that the market is about to enter a full-blown bull market 📈. He believes that the core winners will create higher peaks during this phase. Additionally, Pal also mentioned that the current market trend is similar to the 2016/2017 cycle, and the consolidation phase may soon come to an end ⏳.