Ethereum has increased by more than 140% since the US presidential election in November, but has yet to surpass the historical peak from March 2024.

Capital inflows from institutions into Ethereum ETF funds have surged. The trading volume of these funds increased by about 300% compared to September and October.

The November chart shows a rising wedge pattern forming. Once this pattern completes, significant price volatility may occur.

If capital inflows from institutions continue, Ethereum could surpass its previous peak, following a trend similar to Bitcoin recently.