 Ether to breach $4K before Trump’s inauguration: Analyst 
2024-11-29

Ether ETHUSD price is set for more upward momentum based on growing investor interest and expectations of more positive crypto regulations leading into 2025, which could set it up for a rally above $4,000.
Ether has outperformed Bitcoin BTCUSD in open interest, with over $8.9 billion worth of open contracts, compared to Bitcoin’s $6.7 billion.
The current decline in Bitcoin open interest suggests that it is a result of “considered repositioning,” not mass liquidations, according to a Nov. 28 report by Block Scholes and Bybit Analytics.
This dynamic may put Ether on track to a rally above $4,000 until Jan. 20, when President-elect Donald Trump will take office, according to a Bybit spokesperson, who told Cointelegraph:

Investor optimism around Ether’s price potential has been growing since Nov. 21, when the Securities and Exchange Commission (SEC) Chair Gary Gensler announced his departure from the regulatory agency, effecting Jan. 20, shortly before Trump takes office.
Ether price to $4k as ETH outperforms BTC yield
While Ether has underperformed Bitcoin’s price action over the past year, it’s starting to catch up in the short term. Ether outperformed Bitcoin over the past month, as Ether’s price rose over 34%, while Bitcoin rose over 31%.
In another optimistic price signal, Ether has outperformed BTC in terms of futures yield, showing a “strongly inverted implied-yield curve,” according to the report, which added: 
The above finding could indicate more incoming institutional inflows into the US spot Ether exchange-traded funds (ETFs), which could significantly boost Ether’s price.
The ETH ETFs are currently on a four-day winning streak after amassing over $90 million worth of Ether on Nov. 27, Farside Investors data shows.
Investor demand for leveraged Ether ETFs rose over 160% since Trump’s victory in another bullish signal for the world’s second-largest cryptocurrency.
Showcasing the growing interest around the world’s second cryptocurrency, X posts related to Ether have increased by over 282% in the three days leading up to Nov. 28, to over 1.1 million, shared CryptoQuant founder Ki Young Yu, via his altcoin analysis account.