Ethereum Poised for Explosive Rally as Trump Family Accumulates

Ethereum, the world's second-largest cryptocurrency by market capitalization, is poised for a significant price rally, according to recent market analysis. A crypto expert has noted that Ethereum's current market structure mirrors Bitcoin's before its explosive 2024 surge, suggesting a potential major breakout for ETH.

In addition to this prediction, crypto investors and long-term holders have been consistently accumulating Ethereum since the market experienced a sharp decline. Data from Coinglass's spot inflow/outflow revealed that exchanges have seen an outflow of a significant $402 million worth of ETH in the past 48 hours. This large outflow amid current market uncertainty suggests potential accumulation, creating buying pressure and fueling a further upside rally.

Moreover, pro-crypto President Donald Trump has been found significantly accumulating Ethereum since his inauguration. Recently, the executive vice president of the United States, Eric Trump, made a post on X, stating, "In my opinion, it's a great time to add ETH." All these factors point toward Ethereum's bullish outlook and its potential for a massive upside rally.

At press time, Ether is trading near $2,750 and has experienced a price decline of over 1.35% in the past 24 hours. However, during the same period, its trading volume dropped by 18.50%, indicating lower participation from traders and investors, potentially due to high market volatility.