Real Vision founder: The market is still in the "banana zone" and there will be a copycat season after consolidation
On January 10th, Real Vision co-founder and CEO Raoul Pal stated that the cryptocurrency market is entering the "banana moment" phase, or a period of "everything going up". ("Banana moment" is a term coined by Raoul Pal to describe a period of significant price increases.) Raoul Pal stated that the market is still in the banana moment phase, with the first phase of this bull market being the breakthrough in November of last year. The next phase will be a consolidation period similar to the 2016/2017 cycle, which will not last too long. The next phase of the "banana moment" is the "banana point", which is a season of altcoins where "everything will go up, followed by a larger consolidation".
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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