So, before you begin to give any weight to the fact that Wall Street analysts are all very bullish for 2025...I think you should consider how often they are wrong.
The market's unable to make it back to the 18-day average. So it's been doing the fighting in this case at the 100-day average. If the market collapsed, $2542 is in the picture.
I'm certain that this breakout is kicking off the final phase of the bull market and all you have to do to make really good gains every year is just trade two intermediate cycles a year.