As we enter January 2025, the correction cycle for Ethereum and its related altcoins should be nearing its end, and we are about to enter the sprint phase of this bull market.

From Trump's election to December 16 of this year, the market has shown an upward trend for nearly a month and a half, with an increase of about 75%. However, the market then entered a correction phase, and in less than half a month, considering extreme market conditions, the correction amplitude reached 22%. Such corrections are typical mid-term adjustments in a bull market.

During the bullish rally, whether it is ETH or altcoins, similar correction cycles almost always occur. For example, the correction from January 12 to 25, 2024, had a correction amplitude of about 20%, with a time cycle similar to the current one, and both are in the same market phase, after which the market welcomed an accelerated rise.

After half a month of wash trading and shakeout operations, ETH's trading volume has fallen to its lowest level since Trump's election. Personally, I feel that this round of wash trading is about to come to an end, unless new significant changes occur; otherwise, I will maintain this view. #MicroStrategy增持BTC $BTC