ETH Chart

Hey,

Since December 9th, markets have mostly pulled back, with ETH and RUNE doing what we expected and shared in our community.

My bullish conviction on ETH was a bit too strong with the crazy inflows, but my overall outlook remains positive for 2025.

ETH is now stalling on its upper wedge trend line, likely consolidating before new highs.

ETF holdings for ETH have grown by 64%, showing continued bullish sentiment.

Expecting more upside and the ETH target remains the same for me.

Kind regards,
Max Nieveld