💰Will 2025 Bring an Ethereum Pump?
🕯The ETH/BTC chart, recent Ethereum buybacks over the past two weeks, position-building around the 3330 level, inflows into ETH ETFs, and seasonality—all these factors are hinting at a potential shift of funds into Ethereum and its ecosystem.
📈ETH/BTC Chart: We're seeing the beginning of a bottom formation and a structural shift on the weekly timeframe.
Recent Ethereum Buybacks: If you’ve noticed, Ethereum has been bought more aggressively during dips than BTC over the past two weeks.
Position Building Around 3330: This level has become a magnet for Ethereum’s price, with multiple dips into this zone followed by sharp rebounds on increased volume, signaling accumulation by large players.
❗️Inflows into ETH ETFs: Judging by flows into U.S. spot crypto ETFs, there are signs of a rotation from BTC to ETH, with inflows into ETH contrasting with outflows from BTC last week.
Seasonality: Historically, Q1 is a bullish quarter for Ethereum, typically showing growth for three consecutive months.
Overall, these dry facts suggest a promising outlook. There are additional fundamental factors supporting this forecast, but the above seems sufficient for now.
DYOR! Still, everything looks quite good at the moment. We may be nearing the end of the correction and heading into a new 1-2 month growth wave. 🚀