Ethereum has experienced a remarkable surge of over 140% since the November U.S. presidential election, although it has not yet surpassed its all-time high from March 2024. Institutional capital inflows into Ethereum ETFs have notably increased, with trading volumes rising by approximately 300% compared to September and October. The formation of a rising wedge pattern in November suggests that a significant price fluctuation may be imminent. Continued institutional support for ETF inflows could propel Ethereum past its previous ATH, mirroring Bitcoin's recent trajectory.