On December 28, the U.S. Ethereum spot ETF set a new record with net inflows exceeding $2.1 billion in December, almost double the funds flowing in November.
The growth of ETF fund inflows is an optimistic signal for Ethereum's price trend, further supporting asset management giant VanEck's forecast that Ethereum will reach a cycle peak of $6,000 by 2025.
According to technical chart patterns, crypto analyst TMV stated that Ethereum has entered an accumulation wave which could help ETH prices break through $4,400 in the first quarter of 2025; however if it falls below $2,914 this theory would be invalidated.
A spokesperson from Bybit suggested that Ethereum's price might rise above $4,000 before Trump takes office as president on January 20th.(Cointelegraph)
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