BlockBeats News, January 10th, Real Vision co-founder and CEO Raoul Pal stated that the cryptocurrency market is entering a "Banana Moment," or a period where "everything is going up" ("Banana Zone" is a term coined by Raoul Pal to describe a period of significant price increase).
Raoul Pal noted that the market is still in the Banana Zone, with the first stage of this bull market being the breakout in November last year. The next phase will be a consolidation phase similar to the 2016/2017 cycle, which will not last long. The next stage of the "Banana Zone" is the "Banana Moment," a season of altcoins where "everything will go up, followed by a larger consolidation phase."