According to news on January 10, Raoul Pal, co-founder and CEO of Real Vision, said that the cryptocurrency market is entering the "banana singularity" area, or a period when "everything is going up." ("Banana Zone" is a term coined by Raoul Pal to describe a period of large price increases.) Raoul Pal said that the market is still in the banana zone, and the first stage of this bull market was the breakthrough in November last year. What follows is a period of consolidation similar to the 2016/2017 cycle, which will not last long. The next phase of the “Banana Zone” is the “Banana Singularity,” an altcoin season where “everything goes higher, followed by a broader consolidation.”