In January 2025, this wave of $ETH and altcoin's correction cycle is about to end, entering the final stage of this bull market.
From Trump's election to the rise of nearly a month and a half on December 16, an increase of about 75%, followed by a correction phase in the market, less than half a month, including a spike correction of 22%.
Such corrections are typical within a bull market, whether for ETH or altcoins, a similar correction cycle will occur during the rally of a bull market.
One can refer directly to the correction from January 12 to 25, 2024, with a correction of 20% and a similar time frame. It is the same phase as now. Followed by accelerated growth.
After experiencing half a month of consolidation and liquidation, ETH's trading volume has reached its lowest point since Trump's election, and even the coinglass fear index has reached its lowest value since October.
Especially after repeatedly drawing support levels, I have also clearly stated my viewpoint in community articles: this wave of liquidation is nearing its end. Until new variables emerge, I maintain this view.
In the past few days, $ETH has repeatedly tested support levels, undergoing continuous liquidation, with two underlying objectives. One is to clear positions through extreme volatility, and the other is to test the remaining stakes. Testing the loyalty of remaining positions, ensuring they don’t all run away when the next rally occurs.
The final results are reflected in the sharp decline of trading volume. On the other hand, funds for the ETH ETF are continuously flowing in, with positions frequently changing hands. It can be confirmed that the newly incoming funds are not from retail investors, and I will write a detailed article on this later.
This January 2025 is similar to February 2024, where ETH will welcome the final stage of the bull market, accelerating upwards, and then coming to an end. #2025比特币价格预测 #币安MegadropSOLV #MicroStrategy增持BTC #2025有哪些关键叙事? #2025有哪些关键叙事?