As we enter January 2025, the callback cycle of Ethereum and its related altcoins should be coming to an end, and we are about to enter the sprint stage of this round of bull market.
From Trump's election to December 16 this year, the market showed an upward trend for nearly one and a half months, with an increase of about 75%. But then the market entered the callback stage. In less than half a month, if the extreme market conditions are taken into account, the callback has reached 22%. This callback is a typical mid-term adjustment in the bull market.
In the process of bull market pull-up, whether it is ETH or altcoins, similar callback cycles will almost appear. Take the callback from January 12 to 25, 2024 as an example. The callback was about 20% at that time, the time period was similar to the current time, and the two were in the same market stage, and then the market ushered in an accelerated rise.
After half a month of wash and shake operations, ETH's trading volume has dropped to the lowest level since Trump was elected. Personally, I think this wave of wash-out operations is about to come to an end. Unless there are new major variables, I will always stick to this view.
Don't run into walls everywhere in the market like a headless fly, hurry up and follow Brother Sen
Eat some meat before the New Year and have a good New Year! ! ! !
Get on the bus at 857 below! ! ! !
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