🚀 Hold onto your crypto hats! Ether (ETH) just pulled off its biggest three-day magic trick of 2024, soaring 21% after Trump’s presidential win. Breaking free from a 96-day snooze fest, ETH shot past $2,800, and the crypto crowd is buzzing with bullish vibes reminiscent of 2023's rally.
- Historical déjà vu: ETH's chart patterns mirror a past breakout, hinting at a potential leap to $6,500 by Q1 2025.
- Institutional interest is back, with Ethereum ETFs seeing a $132M inflow, a stark contrast to recent outflows.
- With 42.6% of ETH staked and exchange reserves low, scarcity might just be the name of the game.