Ether (ETH) has surged 21%, marking its largest three-day return of 2024, following Donald Trump's presidential win. This rally pushed ETH past its $2,800 resistance, breaking a 96-day consolidation phase. The crypto community is buzzing with bullish expectations as ETH mirrors a 2023 setup that led to a 129% rally.

Ethereum ETFs have seen a $132M inflow, reversing recent outflows, as institutional interest grows. Venture capitalist Henrique Centieiro suggests ETH is entering "scarcity mode," with 42.6% locked in staking and exchange reserves at record lows. This could signal a long-term bullish trend for Ethereum.