in

Ethereum Could Hit Record Highs in Early 2025, Say Analysts

Analysts Predict Big Gains for Ether

Ethereum (ETH) may break past its all-time high in the first quarter of 2025, according to market analysts. Although Ether has struggled to stay above $4,000, Bitcoin’s recent surge past $100,000 has analysts optimistic about Ethereum catching up.

Bybit and Block Scholes report that the recent reduction in market leverage—a sign of lower risky bets—could pave the way for Ethereum’s price to rally. Bybit analysts stated, “We expect a new all-time high in Q1 2025, as derivative markets show growing anticipation for ETH.”

Potential for $8,800 Price Target

Crypto analysts are eyeing a potential breakout for Ether based on its price patterns. The Long Investor, a well-known market observer, highlighted an ascending triangle on Ethereum’s daily chart—a signal of a continued uptrend. “Breaking $4,100 resistance could lead to $4,865 and eventually $8,800,” they said.

Historically, Ethereum’s price tends to follow Bitcoin’s halving cycles. Venture Founder, another popular analyst, noted that ETH typically lags behind BTC for about eight months after a halving before outperforming it. If this pattern holds, Ethereum could see significant gains starting this December.

Investor Interest on the Rise

Investor activity around Ethereum is increasing. In December, over 130,000 new Ethereum wallets were created daily, the highest rate in eight months, according to market intelligence platform Santiment.

Conservative Estimates Still Optimistic

While some analysts predict Ethereum reaching as high as $8,800, others are more cautious. Asset manager VanEck expects ETH to peak at $6,000 during this cycle, with Bitcoin potentially hitting $180,000.


What do you think?

Written by cryptojournalist

A journalist that loves crypto

Bitcoin Faces Potential Volatility if US Strategic Reserve Proposal Passes

Coinbase Faces $1B Lawsuit Over wBTC Delisting