Ethereum Price May Rise By Mid-Year, ETF Inflows, Whale Accumulation Surge

Ethereum price movements reflected a typical consolidation pattern, followed by upward spikes, repeating past behaviors.

Each consolidation period appeared strategically positioned before significant price increases, suggesting a calculated rhythm in market behavior.

From May to mid-September, ETH stabilized before ascending. This pattern recurred when a similar consolidation from November to December led to another price increase.

This pattern recurred when a similar consolidation from November to December 2024 led to another price increase.

The latest movement within the consolidation zone in November aligned with this trend.

ETH/USD daily chart | Source: Trader Tardigrade/X

Historical data from these phases showed Ethereum consistently regaining strength, then breaking higher.

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This indicated these strategic points, where transitions from flat to upward trajectories were evident.

This cyclic behavior could suggest that Ethereum was primed for another rise, following the consolidation noted in the chart.

If this pattern holds, Ethereum could mirror previous moves, potentially targeting new highs.

Analysts anticipate another upward phase if Ethereum maintains this pattern of consolidating before spiking.

The accuracy of these predictions could hinge on external market factors and investor sentiment.

Ethereum Price Historic Rallies After Halving Years

Historically, Ethereum showed explosive growth in the first quarter following a halving year.

In 2021, Ethereum’s performance was exceptionally robust in March, delivering a 34.74% return, a pattern similar to its post-halving behavior in 2017.

In April of that year, returns peaked at 214.11%. This trend suggested a predictive behavior where Q1 could foresee substantial gains.

Ethereum monthly returns | Source: X

This could be viewed as a favorable period for ETH, anticipating potential increases in value, possibly eyeing the historical peaks as future targets.

This cyclical pattern could imply ETH’s readiness to surge once more, indicating its resilience and attractiveness to investors aware of its halving cycle impact.

ETH ETFs Inflow and Whale Accumulation

Despite a 16% drop from last week’s high of $4,100, Ethereum ETFs saw over $2.5 Billion in inflows.

These significant inflows occurred as prices fluctuated, indicating strong investor confidence.

Notably, in December, outflows marked the largest drops, with $49.2 Million and $75.1 Million.

ETH ETF inflow | Source: X

However, the consistent inflows across various ETFs, including the Grayscale Ethereum Trust, highlighted enduring interest.

These trends could suggest underlying strength in ETH’s sentiment, potentially steadying prices or even fostering a rebound if investor interest persists.

The recent activity of the Nexo-associated whale on Binance highlighted significant movements of ETH price.

The whale transferred 4,946 ETH, valued at around $17.2 Million recently.

This large-scale transfer is part of a broader pattern observed since December 2, where a total of 114,262 ETH, worth around $423.3 million, were moved to Binance at an average price of $3,705.

Source: X

This consistent depositing could hint at strategic asset liquidation or preparation for a larger financial maneuver, potentially influencing Ethereum’s market dynamics.

Such substantial transfers often signal significant market movements, suggesting possible future volatility in Ethereum’s price on the exchange.

Source: https://www.thecoinrepublic.com/2024/12/26/ethereum-price-may-rise-by-mid-year-etf-inflows-whale-accumulation-surge/