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 until December 16 of this year, the market has shown an upward trend for nearly one and a half months, 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 reached 22%. This type of correction is typical of mid-term adjustments in a bull market.

During the bull market rally, both ETH and altcoins typically experience similar correction cycles. Taking the correction from January 12 to 25, 2024, as an example, the correction at that time was about 20%, the time period is similar to the present, and both are in the same market phase, after which the market welcomed accelerated growth.

After this half-month of consolidation and shakeout operations, ETH's trading volume has dropped to the lowest level since Trump's election. Personally, I believe this wave of consolidation is about to conclude, unless there are new significant changes; otherwise, I will continue to hold this view.