In January 2025, the callback cycle of $ETH and altcoins is about to end, entering the final stage of this bull market.

From Trump's election to December 16, the market rose for almost a month and a half, with an increase of about 75%. However, a correction followed, lasting less than half a month, with a decline of 22%. Such corrections are typical "pullbacks in a bull market". Whether it's ETH or altcoins, similar pullback cycles always occur during the rally of a bull market.

We can directly refer to the correction from January 12 to 25, 2024, which was also around 20%, with a similar time frame. The current situation is almost identical, and the upcoming trend should be an accelerated rise.

After half a month of consolidation and shakeout, the trading volume of ETH has now fallen to the lowest point since Trump's election, and even the CoinGlass fear index has dropped to the lowest level since October.

Especially in the context of continuous fluctuations, I mentioned in my article that this round of shakeout is basically coming to an end. As long as there are no new significant variables, I still hold this view.

In recent days, ETH has been fluctuating continuously, with two main purposes. First, to wash out the chips through violent fluctuations, and second, to test the market to see the loyalty of the remaining chips, avoiding a situation where everyone runs away during the next rally.

The final result is reflected in the sharp turnover of chips and the decline in trading volume. On the other hand, funds for the ETH ETF continue to flow in, and chips are constantly being exchanged. It is clear that this money is not from retail investors, and I will analyze it in detail in subsequent articles.

In January 2025, just like in February 2024, ETH will enter the final stage of the bull market and begin to accelerate upward, after which this wave of market will come to an end. #ETH