The market price of ETH is skyrocketing!? What will happen to ETH in the future?

I will not go into details, but with the establishment of the administration of Donald Trump, who had pledged to "treat crypto assets" during the US presidential election period, the market price of crypto assets, especially BTC, has been rising since the end of 2024.

In particular, it is generally said that the price chart of ETH tends to be greatly influenced by the trend of BTC. This time, as BTC rose significantly, ETH also rose significantly in a follow-up manner, and this movement was in line with the conventional wisdom.

▶Unlike Bitcoin, the market price of ETH has been sluggish for some time in 2024 in relation to events. However, it seems that it has finally ignited, starting with the situation in Trump's favor in the US presidential election.

▶Monthly increase and decrease rate of ETH in 2024

Like other crypto assets, ETH is also considered to be a product with very high volatility*1, but it tends to be relatively stable compared to other crypto assets. From a long-term perspective, the fact that it has been steadily increasing since its birth in 2015 is a major attraction.