Is A Massive Ethereum Rally Coming in February?
Lark Davis
Ethereum Market Analysis
The speaker discusses the Ethereum chart, comparing it to 2024 and predicting a potential explosive phase in 2025.
Current Market Situation
- The chart currently looks unfavorable
- Ethereum is trading below the 100-day EMA
- It bounced off a price support area from November
Potential Breakout
- A breakout from the current downtrend is expected
- This breakout may coincide with retaking the 50-day EMA, indicating bullish momentum
Institutional Interest
- Ethereum is currently priced out for many institutions due to high fees
- Institutions may use alternatives like Base or ZK Sync
- Despite this, Wall Street is still expected to buy Ethereum