🟡Analysts predict that Ethereum could surpass its all-time high in the first quarter of 2025. Despite current challenges in breaking through the $4,000 mark, the situation is expected to shift soon.
🟡While Bitcoin has already reached $100,000, Ethereum has delivered only a 12% return to investors over the past six months. However, experts at Bybit note that the closure of margin positions has alleviated overbought conditions, paving the way for growth.
🟡The Long Investor forecasts potential growth to $8,800, though Ethereum must first overcome resistance at $4,100. Venture Founder highlights Ethereum’s historical correlation with Bitcoin halving cycles, while the Santiment platform reports rising activity, with over 130,000 new addresses created daily.
🟡Conservative projections from VanEck cap Ethereum’s growth at $6,000 in 2024.