Ethereum Poised for Major Rally in Early 2025, Analysts Predict New All-Time High

Analysts predict that Ethereum could break its all-time high in early 2025, despite recent struggles to maintain levels above $4,000.

While Bitcoin has surged, hitting an all-time high of $100,000, Ethereum has lagged behind, gaining only 12% over the past six months compared to Bitcoin’s 54% rise.

However, there are indications that ETH is gearing up for a potential rally in the first quarter of 2025, driven by reduced leverage in the crypto markets and a shift in investor sentiment.

Bybit analysts expect Ethereum to push past its previous peak, with some predicting a rise to $8,800 based on an ascending triangle chart pattern.

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For ETH to reach new highs, it must first break through the $4,100 resistance level. If successful, the path could open up for a price move toward the all-time high of $4,865.

The correlation between Ethereum and Bitcoin’s halving cycle suggests that ETH may soon catch up with Bitcoin’s momentum, with some analysts forecasting a significant rise in the ETH/BTC ratio.

Investor interest in ETH is also growing, as evidenced by a surge in newly created Ethereum wallets. Despite this optimism, more cautious predictions, such as VanEck’s $6,000 target for ETH, remain in play for 2025.

Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.