According to Cointelegraph, the US Ethereum spot ETF saw a record net inflow of over $2.1 billion in December, almost double the funds that flowed in November. The growth of ETF fund inflows is an optimistic signal for Ethereum's price trend and further supports asset management giant VanEck's prediction that Ethereum will reach a cyclical peak of $6,000 by 2025.
Based on technical chart patterns, crypto analyst TMV stated that Ethereum has entered an accumulation wave which could help ETH price break through $4,400 in the first quarter of 2025. However, if it retraces below $2,914 then this theory would be invalidated.