Ethereum Expected to Reach New Highs in First Quarter of 2025: Analysts
ent in the last six months, up 54% compared to Ether’s 12% return.
It’s exciting to think about the potential for Ether to hit record highs in the first quarter of 2025. Market analysts are optimistic about the future of Ether, especially considering recent market trends. While Bitcoin has been grabbing headlines with its $100,000 all-time high, Ether has been hovering around $4,000. However, with the recent market correction and a decrease in leveraged long positions, Ether is showing signs of a comeback.
Analyysts at Bybit and Block Scholes are keeping a close eye on the derivatives market, which is providing strong support for Ether. They expect that Ether’s price will soon catch up to Bitcoin’s gains. Even though Bitcoin has been the more profitable investment lately, with a 54% return in the last six months compared to Ether’s 12%, all eyes are on Ether as it looks set to potentially break records in the coming year.
Exciting times for the world of cryptocurrency ahead!
