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As the Ethereum price lingers below its all-time highs (ATHs), TRON founder Justin Sun has emerged with a bold vision aimed at revitalizing the altcoin’s value.  Sun’s Vision For The Ethereum Price In a recent social post on X (formerly Twitter), Sun proposed a plan that he believes could propel the Ethereum price to unprecedented heights, targeting a price of $10,000. Sun’s strategy hinges on a radical overhaul of the Ethereum Foundation (EF) and the Ethereum protocol itself.  Related Reading: US Bitcoin Reserve: Eric Trump’s Deleted Tweet Raises Eyebrows The TRON founder asserts that under his leadership, immediate and decisive actions could almost double the current price peak for ETH. One of his primary proposals is to halt the sale of ETH for a minimum of three years. By doing so, Sun aims to stabilize the currency’s supply and bolster market confidence.  To cover operational costs during this period, Sun suggests leveraging Aave (AAVE) lending, staking yields, and stablecoin borrowing, thereby ensuring that the ETH supply remains intact while aligning with deflationary goals. In addition to halting sales, Sun proposes imposing significant taxes on Layer 2 (L2) projects. He believes this move could generate at least $5 billion annually for Ethereum, either in stablecoins or tokens.  The revenue from these taxes would be utilized to repurchase and burn ETH in a decentralized manner, further enhancing scarcity and potentially driving up demand. Major Staff Cuts To Transform Ethereum Foundation Into Meritocracy In his social media post, Sun also emphasized the need to streamline operations within the Ethereum Foundation. He suggests a significant reduction in staff, retaining only the most capable team members.  Those who remain would receive substantial salary increases, transitioning the Ethereum Foundation into a merit-based organization that rewards high performance. Furthermore, the TRON founder calls for adjustments in node rewards and a stronger focus on fee-burning mechanisms. By reducing node rewards, Sun believes Ethereum can solidify its deflationary status, reinforcing its position as a store of value.  Related Reading: Cardano Will Reach $1.50 Once The $1.10 Resistance Breaks – Details The focus, according to Sun, would shift exclusively toward Layer 1 (L1) development, prioritizing scalability, security, and broader adoption. Sun is confident that these initiatives could lead the Ethereum price to surpass $4,500 within the first week of implementation, laying the groundwork for long-term success.  While this only represents Sun’s vision for the Ethereum price, any of these proposals, if viable for driving another leg up of the altcoin, could ultimately be adopted by the co-founders or the developers of the platform. As of this writing, the Ethereum price hovers around the $3,200 mark, reflecting a loss of 4% over the past 24 hours. This decline has widened the gap between the current price and its ATH of $4,878, representing a difference of 34.5%. Featured image from DALL-E, chart from TradingView.com

Crypto analyst BasicTrading has revealed a bullish pattern that has appeared for the Ethereum price, which hints at a rally to $4,000. This again provides some optimism concerning ETH, which has continued to underperform in this market cycle.  Ethereum Price Eyes $4,000 With This Bullish Pattern In a TradingView post, BasicTrading revealed that a breakout to $4,000 looks to be on the horizon for the Ethereum price following the formation of a rising channel pattern. This bullish prediction came as the analyst noted that ETH had been retesting the previous all-time high resistance and was not able to break it.  Related Reading: Bitcoin Price Under Threat: $12,000 Void Opens Up Possibility Of Crash Toward $75,000 However, this time, it could be different following the rising channel pattern. The analyst added that with the bullish break and retest and Ethereum price action, the breakout is about to happen. With Ethereum likely to break this psychological $4,000 resistance level soon enough, the analyst suggested that this could ultimately pave the way for ETH to reach and possibly surpass its current ATH of $4,800. BasicTrading remarked that the sky is the limit for the Ethereum price if it manages to break above its current ATH. Interestingly, the crypto analyst raised the possibility of ETH rising to between $20,000 and $25,000 if it replicates its historical performance from previous bull cycles. This price range represents the upper resistance trendline of the rising channel.  However, the analyst stated that the Ethereum price must first achieve a clear breakout of its current ATH before a rally to as high as $25,000 can become a possibility. This bullish projection for ETH comes just days after crypto analyst Ali Martinez explained why it wasn’t time to give up on Ethereum despite its underperformance in this market cycle. Martinez mentioned that a decisive breakout above $4,000 could send ETH to $7,000.  ETH To Reach Five Digits In This Bull Run Crypto analyst CrediBULL Crypto has also backed BasicTrading’s bullish outlook as he predicted that the Ethereum price would at least reach $10,000 in this market cycle. The analyst asserted that ETH will come back with a “vengeance” in the coming months. He added that $10,000 is the bare minimum once Ethereum breaks out. CrediBULL Crypto further opined that $20,000 is certainly not unreasonable by the end of this cycle.  Related Reading: Ethereum Gets Massive $12,000 Price Tag From Research Lead Ahead Of Major Upgrade Crypto analyst Mikybull Crypto also provided a bullish outlook for the Ethereum price, stating that ETH’s hated rally that will bring it to $12,000 is loading. He further remarked that the chart is giving market participants a glimpse and that patience is all it takes.  At the time of writing, the Ethereum price is trading at around $3,400, up over 5% in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview.com

Ethereum (ETH) has been underperforming in recent weeks, with its price action leaving investors disappointed following last week’s flash crash and heightened volatility. Despite initial hopes for a recovery, ETH has struggled to regain momentum, trending downward since mid-December. This lack of bullish movement has left investors eager for a surge that could break Ethereum out of its current slump. Related Reading: XRP Whales Keep Loading Up Their Bags – 100 Million XRP Accumulation In 48 Hours Adding to the anticipation, top analyst Carl Runefelt recently shared a technical analysis suggesting that Ethereum may be preparing for its next significant move. According to Runefelt, ETH is forming a 4-hour symmetrical triangle, a pattern often associated with periods of consolidation before a breakout. While the direction of the breakout remains uncertain, the formation indicates that a decisive move could be on the horizon. As Ethereum hovers near key levels, market participants are closely monitoring the triangle’s resolution. A breakout to the upside could reignite bullish sentiment, while a breakdown may signal continued struggles for the largest altcoin. With the broader crypto market showing signs of recovery, the coming days will be crucial for Ethereum to prove its resilience and reestablish its position as a leading performer in the space. All eyes are now on ETH’s next move. Ethereum Consolidates Before A Move Ethereum is currently in a short-term consolidation phase, trading between key demand and supply levels as the market grapples with uncertainty. While analysts are anticipating a major move, the direction remains unclear due to heightened volatility and mixed sentiment among investors. ETH’s price action reflects a market in wait-and-see mode, with traders closely monitoring key technical levels for signs of a breakout. Top analyst Carl Runefelt recently shared his technical analysis on X, highlighting Ethereum’s preparation for its next significant move. According to Runefelt, ETH is forming a 4-hour symmetrical triangle, a pattern that often precedes a decisive breakout. He noted that this setup comes with both bullish and bearish scenarios, depending on the direction of the breakout. If ETH breaks above the triangle, the bullish target is set around $3,900, signaling the potential start of a new bullish phase. Conversely, a breakdown below the triangle would point to a bearish target near $2,720, indicating further downside. Runefelt emphasized the importance of monitoring this pattern as it unfolds, as the outcome could set the tone for Ethereum’s next trend. Related Reading: Dogecoin Trades Within Multi-Year Ascending Channel – Expert Sets $15 Price Target With market sentiment still uncertain and volatility remaining high, Ethereum’s symmetrical triangle offers a clear framework for traders. Whether the breakout is upward or downward, it will likely mark the beginning of a significant move, shaping Ethereum’s trajectory in the weeks to come. For now, investors are keeping a close eye on this critical technical formation. Volatility Driving The Market Ethereum is currently trading at $3,317, navigating a market dominated by massive volatility. This heightened price action has become the primary force driving speculation and uncertainty among traders. As Ethereum struggles to stabilize, holding above critical support levels is essential to maintaining a bullish structure and avoiding further downside. The $3,300 level has emerged as a key area of support that bulls need to defend to sustain momentum. If ETH can hold this mark and push above the $3,550 resistance with strength, it could solidify a bullish outlook and potentially lead to a stronger recovery. Breaking this level would also signal renewed confidence among investors, opening the door to a more sustained upward trend. However, the market’s uncertainty also carries the risk of a deeper correction. Losing the $3,000 psychological level could trigger additional selling pressure, leading to a dramatic drop and testing lower support zones. Such a move would challenge ETH’s resilience and likely extend its consolidation phase. Related Reading: Solana Turns Key Level Into Support – Analyst Expects ‘Violent Moves Before Next Leg Up’ As the market waits for clearer signals, Ethereum’s ability to hold above key levels will be closely watched. The coming days are critical for determining whether ETH can maintain its structure or face further volatility and downside pressure. Featured image from Dall-E, chart from TradingView.

Ethereum (ETH) appears to have ‘bottomed out,’ according to crypto analyst Mister Crypto. The analyst shared this observation as investor confidence in ETH continues to wane due to the digital asset’s relatively lackluster price performance in 2024. Is Ethereum Due For A Rally? Unlike Bitcoin (BTC) and Solana (SOL), which have surged in the past year by 146% and 154%, respectively, Ethereum has risen a modest 32% over the same period. As a result, ETH holders are understandably frustrated with the digital asset’s price action, with some whales liquidating their holdings at losses of up to $1 million. Related Reading: Will Ethereum Bounce Back? Crypto Analysts Discuss Potential Price Recovery However, some analysts now believe it may finally be time for Ethereum to break out of its stagnation. Crypto trader Mister Crypto shared the following ETH/BTC monthly chart on X, showing ETH’s price bouncing off a long-standing trendline before entering a parabolic run. This analysis aligns with a recent report highlighting ETH’s four-year low of 0.031 against BTC on the weekly chart. A potential rebound from this multi-year support level could position ETH to outperform BTC in the short term. Crypto analyst Merlijn The Trader also identified a bullish falling wedge pattern forming on Ethereum’s 2-day chart. According to Merlijn, a breakout to the upside could make Ethereum’s next move “legendary.” For the uninitiated, a bullish falling wedge is a technical chart pattern that forms when an asset’s price consolidates between two downward-sloping, converging trendlines. It typically signals a potential trend reversal or continuation, with a breakout to the upside expected once the price moves above the upper trendline. In Ethereum’s case, its price must decisively break through the $3,400 level to confirm the bullish falling wedge pattern. Failure to do so could result in ETH falling to the next major support levels at $3,000 and potentially $2,400. Finally, seasoned crypto market commentator Poseidon offered a more macro perspective on ETH’s price action. The analyst noted that Ethereum has been trading within a range for the past four years. A breakout above the critical $4,000 resistance level could propel ETH beyond $10,000, based on Fibonacci price extensions. 2025: The Year Of Altseason? A full-blown altseason typically requires ETH to lead the market. Thus, a strong 2025 for Ethereum could significantly increase the likelihood of the eagerly anticipated altseason. Fortunately, many investors are optimistic about ETH’s prospects this year. Related Reading: Ethereum Poised For A Bullish Q1 2025? Here’s What Experts Say In December 2024, analysts at brokerage firm Bernstein remarked that ETH’s risk-reward ratio has become increasingly attractive. Similarly, Steno Research predicted that ETH could outperform BTC in Q1 2025, with a price target as high as $8,000. However, the $4,000 resistance level remains ETH’s Achilles’ heel. At the time of writing, ETH is trading at $3,280, down 2.1% in the past 24 hours. Featured image from Unsplash, Charts from X and TradingView.com

Ethereum, the largest altcoin by market capitalization, is trading at surprisingly low levels compared to its peers, raising concerns among investors. As the broader crypto market shows signs of strength, Ethereum’s underperformance has sparked fears that this cycle may not deliver the returns many expected from the leading altcoin. Sentiment in the market is shifting, with some questioning whether Ethereum can reclaim its former dominance amid fierce competition from emerging projects. Related Reading: Dogecoin Trades Within Multi-Year Ascending Channel – Expert Sets $15 Price Target However, a closer look at key metrics offers a more optimistic perspective. According to the MVRV Pricing Bands chart, Ethereum is still far from its previous all-time high (ATH). This metric, which evaluates the market value relative to realized value, suggests that ETH has significant room to grow in the coming months. While the current price action may seem discouraging to some, historical data indicates that Ethereum often lags in the early stages of a bull market before catching up with explosive moves. For long-term investors, this could represent an opportunity rather than a setback, as Ethereum’s fundamentals remain strong and its ecosystem continues to expand. As the market anticipates the next phase of growth, all eyes are on Ethereum to see if it can reclaim its leadership role and deliver on its potential. Ethereum Preparing To Surprise The Market  Ethereum has faced significant challenges over the past month, remaining in a downtrend since mid-December. The cryptocurrency has dropped as much as 29% in less than 30 days, testing the patience of investors as the broader market shows strength while ETH struggles to gain momentum. Trading below key supply levels, Ethereum’s performance has raised concerns about its ability to keep up with the overall crypto rally. Despite the bleak sentiment, some analysts see Ethereum’s current situation as an opportunity rather than a setback. Top analyst Carl Runefelt recently shared insights on X, pointing to the MVRV Pricing Bands chart as a key indicator of Ethereum’s potential. According to Runefelt, ETH is far from its all-time high (ATH), suggesting significant room for growth. He confidently stated that a $7,000 price target for Ethereum is only a matter of time, given its long-term fundamentals and historical market cycles. Runefelt also highlighted Ethereum’s readiness to change the bearish sentiment surrounding it. As the second-largest cryptocurrency by market cap, Ethereum’s extensive ecosystem and institutional adoption remain strong drivers for future growth. Related Reading: Solana Turns Key Level Into Support – Analyst Expects ‘Violent Moves Before Next Leg Up’ For investors with a long-term outlook, Ethereum’s current underperformance could represent a strategic entry point. With sentiment poised to shift and key metrics signaling room for growth, ETH has the potential to recover and reclaim its position as a market leader. ETH Price Testing Key Demand Ethereum (ETH) is currently trading at $3,302 following days of heightened volatility and sustained selling pressure. Despite the challenging market conditions, ETH has demonstrated resilience by holding above a key demand zone near the 200-day exponential moving average (EMA) at $3,127. This critical level has acted as a strong support, signaling that buyers remain active even amid market uncertainty. For Ethereum to reclaim bullish momentum, the price needs to break above the $3,520 resistance level with conviction. This move would not only reinforce confidence among investors but also pave the way for further upside. Holding above $3,520 is essential for confirming a shift in market sentiment and establishing a foundation for a sustained rally. Related Reading: Bitcoin Reclaims Crucial Liquidity Level – No Resistance Left Below ATH As ETH navigates these pivotal levels, traders are closely monitoring its ability to maintain support and generate upward momentum. A successful push above $3,520 could trigger increased buying activity, potentially setting the stage for Ethereum to resume its uptrend. However, failure to clear this resistance could lead to continued consolidation, delaying a potential recovery. For now, all eyes remain on Ethereum as it tests key technical levels in a bid to regain its position as a top-performing asset in the crypto market. Featured image from Dall-E, chart from TradingView.

Crypto analyst Ali Martinez has discussed Ethereum current price action as the second largest crypto by market cap remains below $4,000. The analyst outlined some facts to give a clearer picture of whether or not it is the right time to give up on ETH.  Analyst Discusses Whether It Is Time To Give Up On Ethereum In an X post, Ali Martinez outlined certain facts to determine whether it is time to give up on Ethereum. First, the analyst noted that ETH has been one of the weakest performers lately, a development that looks to have prompted Vitalik Buterin to shake things up by changing the Ethereum Foundation’s leadership team. Related Reading: Ethereum Gets Massive $12,000 Price Tag From Research Lead Ahead Of Major Upgrade Martinez then alluded to historical data showing that Ethereum performs well in the first quarter of each year. The analyst had previously hinted that this year is unlikely to be different. Back then, he noted that ETH delivers its strongest performance in Q1, particularly in odd-numbered years, and 2025 is one such year. Given Ethereum’s positive Q1 performance, Martinez remarked that this could explain why crypto whales have accumulated over $1 billion worth of ETH in the past week alone. He previously revealed that these whales had bought over 330,000 ETH, valued at over $1 billion.  Furthermore, the crypto analyst remarked that the buying pressure is also evident in the exchange outflows, with nearly $2 billion in Ethereum withdrawn from crypto platforms over the past month. Specifically, 540,000 ETH, worth $1.84 billion, were withdrawn from exchanges over the past month. This accumulation trend is a positive as it indicates investors are still bullish on ETH.  However, for Ethereum to break out bullishly, Martinez mentioned that it must overcome several key resistance levels. From an on-chain perspective, the crypto analyst highlighted the $3,360 to $3,450 zone as the major supply wall. This range is the most critical resistance level for ETH, while the key support zone is between $3,066 and $3,160.  From A Technical Analysis Perspective Martinez also provided insights into the Ethereum price action from a technical analysis perspective. He stated that ETH appears to be forming the right shoulder of a head-and-shoulders pattern, with a neckline of $4,000. He added that a decisive breakout above this level could fuel a rally toward $7,000. Related Reading: Ethereum’s Large Consolidation Trend Points To Possible Price Explosion To $8,000 The crypto analyst also revealed that this upside target aligns with the Ethereum 3.2 Market Value to Realized Value (MVRV) Pricing Band, which is currently hovering around $7,000. Amid this bullish outlook, Martinez mentioned that one concerning sign is Ethereum’s network growth, which has slowed down. The number of new ETH addresses is said to have declined by 9.32%, indicating reduced adoption.  Despite that, Martinez believes that Ethereum’s outlook is still bullish. He told market participants to keep an eye on the $2,700 to $3,000 support zone. According to him, this demand zone must hold to maintain ETH’s bullish outlook.  At the time of writing, Ethereum is trading at around $3,200, down 4% in the last 24 hours, according to data from CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com

Ethereum (ETH) continues to lose ground to Bitcoin (BTC) as the latter’s dominance rises, with US President-elect Donald Trump set to take office later today. At the time of writing, the ETH/BTC trading pair stands at 0.031, marking a four-year low for the ratio. ETH/BTC Continues To Decline As Trump Focuses On Bitcoin  Over the past year, Bitcoin has appreciated by an impressive 158%, surging from approximately $41,000 on January 21, 2024, to $107,608 at the time of writing. The cryptocurrency has consistently reached new all-time highs (ATH) throughout the year. In contrast, Ethereum has delivered a modest return of approximately 35% over the same period and remains 32% below its November 2021 ATH of $4,878.  Related Reading: Will Ethereum Bounce Back? Crypto Analysts Discuss Potential Price Recovery According to the weekly chart below from TradingView, the ETH/BTC trading pair — also referred to as the ETH/BTC ratio within the crypto industry — has reached a fresh four-year low. This decline has raised concerns about the likelihood of an Ethereum-led altcoin season. Currently trading at 0.031, the ETH/BTC ratio has erased all gains accumulated since March 2021. The pair peaked at 0.087 in December 2021, during the height of that year’s altcoin season. Since then, however, Ethereum, the second-largest digital asset by market capitalization, has experienced a steady decline against Bitcoin. In May 2024, the ratio fell below 0.054, a critical support level that had previously held firm in June 2022. Several factors have contributed to Ethereum’s underperformance, including Trump’s perceived preference for Bitcoin and the rising competition from rival smart-contract platforms like Solana (SOL). Unlike Bitcoin, Ethereum has struggled with adoption. Corporations worldwide are increasingly incorporating Bitcoin into their balance sheets, reinforcing BTC’s status as a premier digital asset. Additionally, speculation about the creation of a US strategic Bitcoin reserve has further bolstered the narrative around Bitcoin’s limited supply, driving its price higher. Conversely, Ethereum’s relatively high issuance rate has cast doubt on its “ultrasound money” narrative. Ethereum’s 2024 performance has also eroded confidence among some of its largest holders. Notably, an ETH whale recently sold 10,070 ETH at a $1 million loss, signaling waning investor trust. Will 2025 Change Ethereum’s Fortunes? While 2024 was a challenging year for Ethereum in terms of price performance, crypto analysts remain optimistic about the asset’s prospects in 2025. For example, a report by Steno Research predicts that Ethereum could surge to as high as $8,000 this year. Related Reading: Ethereum Poised For A Bullish Q1 2025? Here’s What Experts Say Similarly, crypto analyst Daan forecasts that the ETH/BTC trading pair could rise above 0.04 during Q1 2025. In December 2024, Ethereum exchange-traded funds (ETFs) experienced renewed interest from institutional investors, fueling hopes for significant capital inflows into the smart-contract platform. That said, Ethereum must first overcome strong resistance at the $4,000 price level. At press time, ETH trades at $3,368, down 1.3% in the past 24 hours. Featured image from Unsplash, Charts from TradingView.com

Ethereum has begun the year much like it ended the last—under a bearish cloud. The altcoin leader has faced a challenging start, with its price plummeting over 16% since January 6. Weak price action continues to dominate as ETH struggles to find strong support, leaving investors cautious about what lies ahead. Related Reading: Chainlink Forms A Daily Bullish Pattern – Top Analyst Eyes Breakout To $30 Amid the market uncertainty, top analyst Carl Runefelt has shared a technical analysis on X, offering insight into Ethereum’s potential next move. Runefelt highlights that ETH is forming a symmetrical triangle pattern on the 1-hour timeframe—a setup that typically precedes a significant price move. According to his analysis, this formation signals a period of consolidation that could lead to either a bullish breakout or a bearish breakdown. A breakout could provide much-needed optimism for Ethereum investors, potentially reversing the bearish trend and pushing the price toward higher levels. On the other hand, a breakdown could extend ETH’s current losses, raising concerns about deeper corrections in the near term. As the market waits for clarity, all eyes are on Ethereum’s next move, which could set the tone for its performance in the coming weeks. Ethereum Struggle: What’s Next For The Altcoin Leader? Ethereum investors are facing challenging times, with price action continuing to disappoint. After briefly holding key demand levels, many expected a shift in market sentiment. However, ETH has now fallen to its lowest price since late December, leaving investors anxious about its next move. Top analyst Carl Runefelt recently shared a technical analysis on X, shedding light on Ethereum’s current situation. Runefelt revealed that ETH is forming a symmetrical triangle pattern on the 1-hour timeframe—a structure that suggests a significant price move is imminent. The pattern highlights critical levels on both sides of the market, providing a roadmap for potential outcomes. If Ethereum fails to hold above the $3,000 level, a deeper correction is likely, which could push the price significantly lower. Conversely, reclaiming the $3,500 level would signal strength, setting the stage for a massive breakout. Such a move would not only restore investor confidence but also attract new capital into the market. Related Reading: Whales Buy 470 Million Dogecoin In 48 Hours As Price Tests Crucial Demand Level – Details The market as a whole is at a crossroads, with Bitcoin holding above key support levels while altcoins, including Ethereum, continue to experience selling pressure. As traders closely monitor ETH’s next move, its performance in the coming days could set the tone for the broader altcoin market. ETH Tests Crucial Support Levels Amid Downtrend Ethereum is trading at $3,113 after a 6% decline in the past few hours, signaling continued bearish pressure in the market. The price is now testing the daily 200 exponential moving average (EMA) at this level, a critical technical indicator that could determine the direction of the next move. Holding this EMA as support might spark a bullish recovery, giving ETH the momentum needed to reclaim higher levels in the coming sessions. However, the market remains on edge, and the key level to watch for support is the untested $3,000 mark. This psychological and technical level hasn’t been revisited since late November, making it a significant zone of interest for both bulls and bears. A drop to this level could attract strong buying interest, potentially setting the stage for a rebound. Related Reading: XRP Scores A Lower High Break On Daily – ATH Next? On the flip side, if ETH fails to hold the daily 200 EMA or loses the $3,000 level, a deeper correction could ensue, potentially driving the price into new lows for 2025. With market sentiment leaning bearish and key supports being tested, Ethereum’s price action in the next few days will be pivotal in shaping its short-term trend. Featured image from Dall-E, chart from TradingView

Crypto analyst Adam (@abetrade) has sparked substantial debate by declaring that Ethereum is “the most cursed coin in existence,” suggesting that despite a notable uptick in overall market interest, the second-largest cryptocurrency remains stubbornly below its potential. Why Ethereum Seems To Be Cursed Speaking to his 178,000 followers on X, Adam pointed to a striking increase in Ethereum-related open interest, remarking: “ETH having the title of the most cursed coin in existence is well deserved because open interest in coins increased by 110% since August, yet the price is trading 20% below the 2024 highs; that’s genuinely quite bad.” In his view, this divergence between trader enthusiasm and the coin’s ongoing price stagnation indicates a fundamental gap that cannot be explained away simply by market volatility. He underscored that this dynamic seems to have brought about a paradox: while higher open interest often suggests growing market confidence, Ethereum’s price trajectory has failed to mirror such optimism, potentially because of selling pressure from the spot market. Related Reading: Ethereum Sees $1.4 Billion In Exchange Outflows This Week – Strong Accumulation Trend? Adam went on to characterize many of Ethereum’s most faithful supporters as “delusional,” – especially those who are still longing ETH on the futures market – pointing out that they appear ready to increase their ETH holdings whenever the asset’s value dips. Though his stance was critical, he also acknowledged that this resilience from buyers could set the stage for a more pronounced future move. “At the same time, you can see how delusional these people are, and instead of giving up, they rather buy more every time they have a chance,” he said, capturing both his skepticism toward what he interprets as blind faith and his recognition of a potential trading opportunity in the making. By presenting two possible scenarios—one in which a sudden liquidation event could drive ETH below the $3,000 threshold and another in which the market holds steady until a potential “blind bid” around $2,700—Adam outlined the triggers he believes could define Ethereum’s medium-term trajectory. Related Reading: Will Ethereum Bounce Back? Crypto Analysts Discuss Potential Price Recovery “Because I am some of a retard myself, I think this could set up as a great long with two possible plays, one being a liquidation event sub $3k; if that does not happen, I will probably bid sub $2.7k blindly as we have quite clear support there,” he explained, indicating a willingness to position himself in what he perceives as a high-risk, high-reward environment. This viewpoint of patience and strategic entry has resonated with other technical analysts, notably Ali (@ali_charts), who weighed in with a relatively similar price range in mind. “$2,700 to $2,800 sound like a probable scenario,” Ali stated, reflecting a sentiment that Ethereum may be poised for a correction to around these levels before any significant rebound can take place. Expanding on this, he stated that Ethereum might be tracking along an ascending parallel channel, where temporary price dips can serve as catalysts for larger movements. “If Ethereum is following an ascending parallel channel, a dip to the lower boundary at $2,800 could act as a launchpad for a move toward $6,000,” he commented. At press time, ETH traded at $3,082. Featured image created with DALL.E, chart from TradingView.com

The Ethereum Spot ETFs experienced another tumultuous trading week in 2025 resulting in an overall net outflow. At the same time, the Ethereum market showed similar struggles as the prominent altcoin declined by 10% over the past seven days. Related Reading: Will Ethereum Bounce Back? Crypto Analysts Discuss Potential Price Recovery Ethereum ETFs Net Assets Drop Below $12 Billion Amid Strong Outflows Following a negative performance in the first week of 2025, the Ethereum Spot ETFs are struggling to rediscover their bullish form as another trading week was marred by higher withdrawals than deposits by investors. According to data from ETF tracking site SoSoValue, the week began on a positive note as the Ethereum ETFs rallied to record $128.72 million in net inflows on January 6. However, this positive momentum was overshadowed by three consecutive days of cumulative net losses of $314.61 million leading to a weekly net outflow of $185.89 million. During the course of this week, Fidelity’s FETH registered the largest net outflows valued at $276.13 million. This figure was followed by minimal withdrawals from Grayscale’s ETHE, ETH and Bitwise’s ETHW estimated to the tune of $16.12 million, $14.60 million and $3.05 million, respectively. BlackRock’s ETHA was the only ETF to see a net inflow totalling $124.11 million while VanEck’s ETHV, Invesco’s QETH, 21Shares’ CETH, and Franklin Templeton’s EZET reported no net flows. Following the Ethereum Spot ETFs underperformance, their total net assets for has declined by 10.89% to $11.61 Billion, representing 2.96% of the Ethereum market cap. Meanwhile, the cumulative total net inflow for these investment funds has now climbed to $2.45 billion. As expected, Grayscale’s ETHE continues to lead the market with net assets totaling $4.57 billion, while BlackRock’s ETHA maintains its dominance with $3.68 billion in net flows since the launch of these Ethereum ETFs in July. Related Reading: Crypto Analyst Explains What Could Trigger Ethereum Rally To $6,000 Ethereum Crashes By 10% Due To General Market Struggles In other news, data from CoinMarketCap shows the price of Ethereum declined by 10.06% in the past week in line with wide scale losses across the crypto market. Notably, this price loss was accompanied by $1.4 billion in exchange outflows, as many bullish investors looked to accumulate popular altcoin at lower prices. At press time, Ethereum trades at $3,287 following a slight gain of 0.58% in the last 24 hours. During this period, the asset’s trading volume has plummeted by 55.98% and is now valued at $11.75 billion. In making any headway, ETH would need to break past the immediate resistance at $3,350 which may ignite a rally to around $3,700.   Featured image from StormGain, chart from Tradingview

Ethereum has faced a challenging start to the year, shedding 15% from its recent local highs and dipping to a low of $3,157. The altcoin leader’s decline comes amid heightened market volatility and uncertainty, with many investors reevaluating their positions following the recent selloff. However, despite the downturn, on-chain data suggests that underlying investor sentiment remains robust. Related Reading: Bitcoin Faces Major Deleveraging – Analyst Explains Price Crash Below $100K According to data from IntoTheBlock, Ethereum saw significant outflows from exchanges this week, with net outflows surpassing $1.4 billion—the highest level since November. Such activity often signals strong accumulation trends as investors move their holdings off exchanges and into cold storage or other wallets, indicative of long-term confidence in the asset. These substantial outflows underscore Ethereum’s resilience even amid challenging price action. Analysts are closely monitoring whether these accumulation trends can offset the bearish momentum and spark a recovery in the coming weeks.  With Ethereum trading near critical support levels, the next moves will be pivotal in determining the direction of its price in 2025. As bullish seasonality for altcoins often kicks in during post-halving years, many believe that Ethereum could soon reclaim its upward trajectory, contingent on both market conditions and broader macroeconomic factors. Ethereum Prepares For Rebound Ethereum has shown signs of recovery after its recent drop, now attempting to break above the $3,300 level. The altcoin leader has faced considerable challenges, with a 15% decline from its recent highs putting pressure on bullish sentiment. However, key on-chain metrics indicate that Ethereum’s fundamentals remain strong, pointing toward potential growth in the coming months. Data from IntoTheBlock, shared on X, highlights a significant development: this week saw net $ETH outflows from exchanges exceeding $1.4 billion, the highest level since November. Such substantial outflows often signal that investors are moving their holdings off exchanges, a behavior typically associated with accumulation. This trend suggests that, despite recent bearish price action, confidence in Ethereum’s long-term potential remains intact. While Ethereum’s recent price action may appear underwhelming to some, these accumulation trends provide a bullish underpinning for the asset. Historically, large exchange outflows have preceded significant price rallies, as reduced sell-side liquidity can drive upward momentum when demand increases. Related Reading: Dogecoin Testing Key Demand Zone – Can DOGE Push Above $0.40? As Ethereum works to reclaim higher levels, breaking above $3,300 could signal the beginning of a more sustained recovery. With strong fundamentals and growing investor confidence, Ethereum appears well-positioned for a potentially bullish 2025. However, the asset must navigate current market volatility to confirm its uptrend. Testing Weekly Demand  Ethereum is trading at $3,250, reflecting ongoing struggles to break above the $3,300 resistance level. The price action remains tentative as ETH tests critical weekly demand levels. This area has historically provided strong support, and if Ethereum manages to close above the $3,100 mark, it could pave the way for a meaningful rebound in the coming days. The current consolidation phase highlights a market looking for direction. For bulls to regain control, Ethereum must break above key resistance levels. Reclaiming the $3,750 mark is crucial to confirm a bullish breakout and signal a potential uptrend. Such a move would not only restore investor confidence but also position ETH to retest higher levels as market sentiment shifts. However, failure to hold the $3,100 demand zone could lead to further downside pressure, with lower support levels likely to be tested. The coming sessions will be pivotal as Ethereum navigates these key levels.  Related Reading: Key Metrics Reveal Bitcoin STH Support Levels Around $89K–$86K – Is BTC At Risk? With the broader market sentiment in flux, ETH’s ability to stay above its critical support zones will determine whether a bullish trend emerges or a prolonged consolidation phase persists. Investors are watching closely as ETH attempts to establish its next significant move. Featured image from Dall-E, chart from TradingView

There is a reason for Ethereum fans to be optimistic, as expert analysis suggests that the cryptocurrency is going to touch the skies in the coming months. As Bitcoin has just crossed $94,000, Ethereum also shows signs of life and bounces back from its recent low and hints at the possibility of price explosion. Related Reading: Bitcoin Remains Below $95k: Analyst Says It’s a Golden Time to Accumulate—Here’s Why A Quick Look At The Patterns Well-known crypto analyst Ali Martinez has found a bullish reversal pattern that can potentially take the price of Ethereum into much higher value. Trading at $3,281 at the moment, Ethereum has slipped below the middle line of its rising channel and has traders spooked. But Martinez is one who thinks if Ethereum could just retest the lower boundary at $2,800 and rebound, it will likely launch into a bullish trend. This rebound may eventually set the stage for Ethereum to reach between $6,000 and $7,000. If #Ethereum $ETH is following an ascending parallel channel, a dip to the lower boundary at $2,800 could act as a launchpad for a move toward $6,000. pic.twitter.com/uYP6BW3DZh — Ali (@ali_charts) January 10, 2025 Market Sentiment & Challenges Even though these are all good signs, the mood in the futures market right now is not clear. Open interest in Ethereum has gone down by 1.25%, which shows that some buyers are becoming more cautious. The long-to-short number is still less than 1, which means that traders are betting against Ethereum instead of for it. Also, funding rates have gone down a lot, which shows that people are less interested in taking leveraged long bets. Although short-term sentiment may be negative, long-term holders may see attractive entry points at current prices. Due to their inherent volatility, cryptocurrencies require constant vigilance and awareness of market trends. Key Resistance Levels All eyes will be on Ethereum’s performance and whether it can overcome important resistance thresholds as we advance into 2025. Several elements determine whether one may achieve $6,000 or even $7,000: market conditions, investor mood, and more general economic impact. At the time of writing, Ether was trading at $3,274, down 0.9% and 9.9% in the daily and weekly timeframes, data from Coingecko shows. Related Reading: Will Ethereum Bounce Back? Crypto Analysts Discuss Potential Price Recovery Ether Price Forecast Ether (ETH) is likely to start an ascent in the next seven days; its present price sits 56% below the projected value for next month. This recovery can draw more trading activity and fits the optimistic trends in the market. Ether is expected to rise by a solid 93% in six months and 94% in three months, according to predictions by CoinCheckup. Though market volatility still has great importance to take into account, a one-year forecast reveals an impressive 180% increase, demonstrating great development potential. Featured image from Getty Images, chart from TradingView

New reports have revealed a massive exodus of Ethereum (ETH) tokens from various crypto exchanges. IntoTheBlock’s on-chain data shows that over $1.4 billion worth of Ethereum has been withdrawn from exchanges. This large-scale ETH outflow marks one of the largest in recent months, signaling a potential shift in investor behavior. Ethereum Exchanges See Massive Outflows IntoTheBlock, a crypto analytics platform, reported that over $1.4 billion worth of Ethereum was recently moved out of crypto exchanges. This large-scale transfer usually occurs when investors buy a cryptocurrency from an exchange and move it to their private wallets rather than storing it on the centralized exchange.  Related Reading: Is Dogecoin’s 30% Decline A Chance To Buy On Discount? Here Is the Pertinent Level To Watch Considering the sheer amount of ETH involved, investors may be planning to hold onto their assets rather than sell them. Data for IntoTheBlock indicates that approximately 74% of ETH investors have been HODLing for over a year, highlighting a widespread trend amongst investors to retain their assets.  The last time Ethereum exchanges experienced outflows at such a high level was in November 2024. At the time, Bitcoin (BTC) and Dogecoin (DOGE) were the highlight of the market, experiencing massive gains following Donald Trump’s win in the United States (US) Presidential elections.  In contrast, Ethereum saw less impressive gains, struggling to break through resistance levels to reach new highs. Given ETH’s current volatility and price fluctuations, it would not be surprising if investors decided to sell off their holdings to prevent potential losses. However, the reverse seems to be the case, as these investors are holding on to their assets, possibly banking on a possible price increase in the future.  Confirming the massive ETH outflows from exchanges, CryptoQuant highlighted a decrease in overall selling pressure in the Ethereum market. The blockchain analytics platform disclosed that while inflows and outflows have increased slightly, net flows stay negative.  IntoTheBlock also shows that inflows have increased by 43.07% over the past week, while outflows have surged by a whopping 57.35%. Ethereum’s large holder netflow remains negative, decreasing by 26.35% over the past week and 47.60% in the last 30 days.  Interestingly, there have also been severe outflows from Ethereum Spot ETFs, with Wu Blockchain revealing that the total net outflow of these ETFs has increased to $68.47 million. Analyst Unveils Bearish Ethereum Price Prediction ‘More Crypto Online (MCO), a crypto community on X, has shared a bleak Ethereum price forecast, projecting a direct decline in line with the third wave of the Elliott Wave theory. According to the analyst, Ethereum will likely remain in its current consolidation phase through the weekend as its Wave 2 unfolds.  Related Reading: Bitcoin Price Unravels 157-Day Fractal Similar To Last Cycle, Why A Surge To $169,000 Is Possible The analyst has presented potential targets for the projected decline in Wave 3, with significant levels at 100%, 123.6%, and 138%. If Ethereum experiences a decline to these degrees, its price could crash to $2,841, $2,660, and $2,555, respectively.  Featured image created with Dall.E, chart from Tradingview.com

In the past week, Ethereum (ETH) has dropped 9.3%, falling from $3,630 on January 3 to $3,235 at the time of writing. While ETH is striving to defend the psychologically significant support level at $3,000, some crypto analysts remain confident that the digital asset’s long-term price trajectory is bullish. Can Ethereum Recover? Analysts Weigh In While the current crypto bull market saw Bitcoin (BTC) create multiple historical new all-time highs (ATH), Ethereum’s price action remained relatively muted. Notably, ETH’s ATH of $4,878 recorded in November 2021 remains intact. Related Reading: Ethereum Poised For A Bullish Q1 2025? Here’s What Experts Say However, ETH’s subpar price action during the current market cycle has not dampened crypto analysts’ hopes for a bullish trend reversal. For instance, several analysts are closely monitoring the inverse head-and-shoulders pattern forming on the 3-day Ethereum chart. While a standard head-and-shoulders pattern is typically bearish, an inverse head-and-shoulders pattern is considered bullish, signaling a potential reversal in the asset’s price trend. Analyst MikyBull recently highlighted this formation in a post on X. Crypto analyst Wolf, corroborated MikyBull’s bullish prediction. In their analysis, Wolf highlighted that a successful completion of an inverse head-and-shoulders pattern could propel ETH to as high as $7,200. Seasoned cryptocurrency analyst Ali Martinez added that a downswing to $2,900 would be “very bullish for Ethereum,” creating an excellent buying opportunity before ETH climbs to new ATHs. Martinez further noted that if ETH continues to follow its ascending parallel channel, a dip to $2,800 could provide a solid foundation for the next upward move. Meanwhile, cryptocurrency and forex trader Merlijn The Trader identified a bullish Moving Average Convergence Divergence (MACD) signal on Ethereum’s 4-hour chart. This indicates that momentum could be shifting from bearish to bullish. According to Merlijn, this momentum shift might push ETH to the $3,700 price level. Will ETH Hit A New ATH In 2025? At the time of writing, ETH is trading approximately 33% below its ATH price. However, the rising institutional interest in the digital asset – particularly after the US Securities and Exchange Commission (SEC) approved spot ETH exchange-traded funds (ETF) – could provide ETH the required momentum to eye new ATH. Related Reading: Ethereum Risk-Reward Ratio Is Now Attractive, Brokerage Firm Explains A recent report by Steno Research predicted that ETH is poised to outperform BTC in 2025, with price projections as high as $8,000. However, not all are convinced of a bullish 2025 for ETH. To conclude, Ethereum must first surpass the critical resistance level at $4,000 before it can set its sights on achieving new ATHs. At press time, ETH is trading at $3,235, up 0.1% in the past 24 hours. Featured image from Unsplash, Charts from X and TradingView.com

The past few days have been challenging for Ethereum investors, as the altcoin leader kicked off 2025 with a steep 15% drop from local highs, plunging to lower demand levels. This selloff has mirrored the broader market’s volatility, leaving many questioning the strength of ETH’s recovery potential. Despite the rocky start, ETH’s fundamentals continue to […]

Ethereum has seen a sharp 14% drop in less than two days, intensifying concerns across the crypto market during a selloff that began earlier this week. The bearish sentiment has left many investors disheartened, with Ethereum struggling to reclaim higher price levels. Frustrated by the consistent underperformance, some investors are beginning to lose faith in the altcoin giant, seeking opportunities elsewhere. Related Reading: Expert Sets $1 Target For Dogecoin Once It Breaks A Multi-Year Trend – Details Despite the negative sentiment, top analyst Ali Martinez has shared an optimistic outlook for Ethereum. Martinez’s analysis suggests that a downswing to the $2,900 level could present a highly favorable “buy-the-dip” scenario for long-term investors. According to Martinez, this potential decline would lay the groundwork for Ethereum to target significantly higher levels, with a bullish price goal of $7,000 in the coming cycle. The current market conditions have sparked uncertainty, but many experts believe the upcoming months will prove pivotal for Ethereum. As the altcoin leader grapples with its recent declines, investors and traders alike are closely watching key support levels to assess whether ETH can rebound from this downturn. With Martinez’s bullish target on the horizon, could this dip pave the way for Ethereum’s next big rally? A Rocky Start in 2025: Optimism Remains Ethereum has faced a tough journey through 2024, with lackluster performance trailing behind Bitcoin’s dominance. The new year hasn’t offered much reprieve, as Ethereum started 2025 with additional declines, leaving many investors frustrated. While Bitcoin continues to command attention, fueling what some are dubbing a “Bitcoin cycle,” altcoins, including Ethereum, have struggled to gain momentum. However, not all hope is lost. Top analyst Ali Martinez recently shared a more optimistic perspective on X, suggesting that Ethereum’s current price action might be setting the stage for significant future gains. Martinez’s analysis points to a potential downswing to $2,900 as a highly bullish opportunity for Ethereum. He emphasized that this level would represent an ideal “buy-the-dip” scenario, potentially setting the stage for Ethereum to target a remarkable $7,000 in the next cycle. According to Martinez, the ongoing bearish price suppression is a natural part of the market cycle. Once this phase ends, Ethereum could be primed for a substantial rally. However, for this bullish narrative to materialize, Ethereum must first reclaim key demand levels to reignite investor confidence and build momentum. Related Reading: Solana Must Reclaim Momentum In The Coming Weeks – SOL/BTC Ratio At A Pivotal Point As Ethereum navigates these turbulent times, analysts and traders are keeping a close watch on critical support levels, waiting to see if this dip truly becomes a launchpad for Ethereum’s next major move. Ethereum Price Holds Key Support Amid Bearish Pressure Ethereum is trading at $3,300 after enduring a sharp sell-off that drove the price down to $3,206, creating a sense of fear and uncertainty in the market. Despite the aggressive downturn, Ethereum’s price action is showing resilience, setting a higher low on the daily time frame. This subtle shift in structure offers hope for a potential recovery, signaling that demand might be quietly building. For Ethereum to regain its bullish momentum, bulls need to reclaim the $3,900 level promptly. This critical zone acts as a gateway to reestablishing a strong upward trend and boosting market confidence. However, the path to recovery may take time as Ethereum stabilizes and recovers from its recent bearish phase. Related Reading: Bitcoin Is Forming A Symmetrical Triangle – Breakout Or Breakdown? While the market sentiment remains cautious, Ethereum’s ability to hold above key support levels suggests that a swift surge could follow if demand rises. Investors and analysts are closely watching these levels, waiting for a breakout that could mark the beginning of a new bullish cycle. For now, patience is key as Ethereum navigates its way through this challenging phase, aiming to position itself for stronger price action in the weeks ahead. Featured image from Dall-E, chart from TradingView

DeFi protocol Derive’s Head of Research, Dr. Sean Dawson, has provided a bullish prediction for the Ethereum price. He predicted that the second-largest crypto could rally to as high as $12,000 and explained how the Pectra upgrade could contribute to the parabolic rally.  Ethereum To Reach $12,000 Thanks To Pectra Upgrade And Other Factors Dawson predicted that Ethereum could reach $12,000 by the end of the year thanks to the Pectra upgrade, Donald Trump’s presidency, increased adoption, and a surge in ETF inflows. According to the research analyst, this bullish case is possible if the Pectra upgrade is successful. The upgrade is meant to help scale the network and boost user experience.  Related Reading: 70 Million DOGE Make Their Way To Binance Amid 10% Dogecoin Price Crash Given Donald Trump’s pro-crypto stance, Dawson is also confident that the US president-elect would create a regulatory-friendly environment, which would support further growth for Ethereum. For ETH to reach this $12,000 target, Dawson also said that Ethereum must witness broader adoption within the real-world assets (RWAs) industry. The network must also become a top player in emerging sectors such as DePIN and AI agents.  The Ethereum exchange-traded funds (ETFs) also have a role to play in ETH reaching this target. Dawson mentioned that there must be more significant inflows into these funds. He warned that the failure of these funds to attract institutional interest could lead to a bearish case for Ethereum.  For the bearish case, the research analyst predicted that Ethereum could drop to as low as $2,000 due to a lack of inflows into the Spot ETH ETFs. He noted that this could happen if these funds lose ground to a successful Solana ETF launch. This undoubtedly remains a possibility, considering how Solana dominated last year in terms of network activity.  Dawson warned that other layer-1 networks are challenging Ethereum’s market share, although he added that this may offer higher risk and reward opportunities.  ETH Still Bullish Despite Recent Market Downtrend Crypto analysts have suggested that Ethereum still has a bullish outlook despite the recent market downtrend. In an X post, crypto analyst Moon Carl stated that despite the recent dump, ETH is still trading within a symmetrical triangle on the Daily timeframe. The analyst added that if the support holds, a breakout with a bullish target of $4,100 could be expected.  Related Reading: XRP Price Eyes Bullish Flag Breakout That Could Put 50% Gains On The Board Crypto analyst The Cryptomist also charted a path for Ethereum to reach a new all-time high (ATH). She highlighted a large falling wedge, which was in play with symmetrical deviations. She added that ETH could retest the broken level, then reject to support and insert a 4-hour oversold bullish divergence and then bounce to a new ATH.  At the time of writing, the Ethereum price is trading at around $3,300, up in the last 24 hours, according to data from CoinMarketCap. Featured image created with Dall.E, chart from Tradingview.com

Fidelity Digital Assets, a subsidiary of global financial services firm Fidelity Investments, has released a new paper titled “2025 Look Ahead: Is it ‘too late’ to enter digital assets?” The publication dedicates significant attention to the ongoing competition between Ethereum and Solana. Authored by Max Wadington, the section “Ethereum Outlook” provides a close look at fundamental metrics, upcoming network upgrades, and the broader implications for investors heading into 2025. Solana Vs. Ethereum In 2025 In a notable excerpt comparing Solana and Ethereum, Wadington explains: “We think fundamentals are most important for long-term investors. With that said, Ethereum has strong developer activity, total value locked (TVL), and stablecoin supply. Comparatively, Solana’s revenue and TVL are improving at a faster rate than Ethereum’s and seem to have captured significant community mind share this past year.” One factor complicating Solana’s growth trajectory is the provenance of its revenue, which is significantly influenced by memecoin trading. Wadington notes that while “a similar argument could be made for Ethereum’s main use case being Uniswap,” the fundamentals of Ethereum “are slightly less dependent on speculation and may be less volatile over the long term.” Thus, neither platform is risk-free, but Ether’s broader utility may afford it more resilience in bear markets. Related Reading: Solana Back Above Weekly & Monthly Support Levels – Analyst Expects New ATH Despite this, short-term narratives and technical milestones could tip market sentiment in Solana’s favor in 2025. Specifically, Solana’s upcoming Firedancer upgrade “promises a substantial increase in transactions per second (TPS), which may directly enhance Solana’s value proposition.” Ethereum’s Prague/Electra upgrade, meanwhile, “is expected to generate less community hype as it does not significantly impact ether’s value proposition.” Another key differentiator is Ethereum’s presence in US based spot exchange-traded funds (ETFs), a channel of accessibility that helps drive institutional and retail demand. However, Wadington highlights that this advantage “may disappear at some point under the Trump administration,” pending regulatory developments that “could either solidify Ether’s advantage in this area or completely remove it.” Related Reading: Solana Rally Stalls: Pullback To Key Support Signals Potential Correction Ultimately, Wadington suggests that fundamentals may reassert themselves over hype as the market progresses: “Although Solana appears to have more short-term tailwinds than Ether, its relative performance could provide significant upside for ether, similar to how Solana’s prior underperformance provided a substantial runway leading into 2024. As prices get extended throughout this bull market, investors will likely increasingly focus on fundamentals, which may sway them back into ether.” Has Ethereum Made A Misstep? Turning specifically to Ethereum, the paper delves into ongoing debates around Ethereum’s rollup-centric roadmap. In Wadington’s words: “The rollup-centric roadmap was designed to scale Ethereum while keeping the Layer 1 blockchain easy to run. However, since the Deneb-Cancun upgrade, there has been debate about this decision as Layer 1 fees have plummeted.” While lower fees might appear detrimental to direct revenue for Ether holders, Fidelity’s position is that the long-term benefits outweigh the short-term revenue drop. Wadington reiterates: “We continue to believe that revenue from the blob market is unlikely to offset the dramatic decrease in revenue created by the previous upgrade in the short term, yet it still carries long-term positive benefits through improved network effects.” In this view, Ethereum’s ecosystem stands to benefit from a mutualistic relationship with Layer 2s, which inherit Ethereum’s security and liquidity. The foundation’s priority, as Wadington writes, is ensuring “near-zero fees to keep Layer 2s within the Ethereum ecosystem.” This could foster more specialized Layer 2 projects in 2025, as developers customize entire tech stacks for niche use cases such as the Ethereum Name Service (ENS). At press time, Solana traded at $197. Featured image created with DALL.E, chart from TradingView.com

After a lackluster 2024, Ethereum has started 2025 with a bang, surging over 13% since the year began. This impressive performance has reignited optimism among investors who are anticipating a bullish year for ETH and the broader altcoin market. Ethereum’s early strength has raised the critical question: Can it outperform Bitcoin in this post-halving year? […]

Ethereum is trading below last year’s highs as investors eagerly await a breakout to confirm the start of the anticipated Altseason. While ETH’s price action has been subdued, traders remain optimistic about its potential to perform exceptionally well in 2025, given its historical cycles and the market’s overall bullish sentiment. Related Reading: Key Indicator Signals Buy On XRP 4-Hour Chart – Analyst Predicts A Price Rebound Top analyst Carl Runefelt recently shared a technical analysis on X, highlighting that ETH is currently trading within an ascending channel. This pattern suggests a possibility of a short-term pullback before Ethereum gains momentum for its next upward leg. Runefelt’s analysis aligns with the cautious optimism prevalent in the market as traders monitor key support and resistance levels for signs of a breakout. The coming weeks are critical for Ethereum as it battles to reclaim its highs and assert dominance in the crypto market. A breakout could signal the start of a broader altcoin rally, solidifying ETH’s position as a leader in the Altseason narrative. Until then, investors and traders are closely watching Ethereum’s price movements and technical indicators, preparing for what could be a pivotal year for the second-largest cryptocurrency. The Ethereum Path Into 2025: Optimism Amid Consolidation Ethereum endured an underwhelming 2024, underperforming Bitcoin and failing to ignite the anticipated early Altseason. However, many analysts predict a dramatic turnaround this year. Historically, post-halving years have been exceptional for altcoins, and Ethereum appears primed to benefit from this trend. Expectations are mounting that ETH will “melt faces” in 2025, delivering significant gains. Top analyst Carl Runefelt recently shared a technical analysis on X, offering a detailed look at Ethereum’s price structure. According to Runefelt, ETH is currently trading within an ascending channel after hitting its previous target. While this pattern often signals bullish continuation, there is also a risk of a temporary breakdown. Runefelt suggests that if Ethereum fails to hold its current position, it might retest the $3,500 level before regaining upward momentum. Such a retracement, he posits, could set the stage for Ethereum’s next major rally. Related Reading: Solana Back Above Weekly & Monthly Support Levels – Analyst Expects New ATH Reclaiming last year’s highs will be critical for Ethereum, as it would solidify its position as a market leader and instill confidence among traders and investors. The broader crypto market is gearing up for what many expect to be a massive 2025, with Ethereum positioned at the forefront of a potential altcoin resurgence. Whether ETH breaks out or briefly pulls back, this year could define its trajectory for years to come. Technical Analysis: Price Consolidation Ethereum is currently consolidating around the $3,650 level after a clean breakout above the 4-hour 200 moving average at $3,629. This breakout marked a critical moment for ETH, as it demonstrated renewed bullish momentum in the short term. Holding the 4-hour 200 moving average as support could signal price strength, offering a foundation for Ethereum to push higher in the coming days. However, the market remains cautious. If Ethereum fails to hold this key indicator, the price could slip into lower demand levels. A retest of the $3,500 mark would then become a likely scenario. This level has been a significant area of interest for traders and could be a base for another potential rebound. Related Reading: Dogecoin ‘Looks Undeniably Impulsive’ – DOGE/BTC Ratio Uncovers Strong Accumulation The next few trading sessions will be crucial in determining whether Ethereum can build on its recent breakout or if a pullback is in store. A sustained hold above the $3,629 level would signal strong buyer interest and pave the way for a push toward higher resistance levels. Conversely, losing this mark may lead to consolidation or further downside, testing the resilience of Ethereum’s bullish structure. Featured image from Dall-E, chart from TradingView

Ethereum co-founder Vitalik Buterin has published a sweeping vision for a new era of “decentralized and democratic differential defensive acceleration,” warning that superintelligent AI may pose existential threats unless humanity adopts a carefully balanced approach of accelerating protective technologies, fostering openness, and building strong liability and regulatory safeguards. Ethereum Founder Wars Of AI Doom “It’s […]

Ethereum, the second-largest cryptocurrency by market capitalization, had a lackluster 2024, underperforming against Bitcoin and many altcoins throughout the year. However, as 2025 begins, Ethereum is starting to show signs of recovery, gaining over 10% in less than a week. This early surge has rekindled hope among investors and analysts who see potential for a strong performance this year. Related Reading: Dogecoin Explodes Overnight – Price Action Suggests Fresh Highs Above $0.50 Top analyst Maartunn recently shared insightful data highlighting an ongoing trend of aggressive shorting in Ethereum markets. According to Maartunn, taker sellers have been dominating the market, outpacing taker buyers by over $350 million daily. This aggressive shorting could explain Ethereum’s poor performance in 2024, as constant selling pressure likely suppressed upward momentum. With the new year’s optimism, many believe this shorting trend may begin to shift, creating conditions for Ethereum to reclaim its position as a market leader. As the altcoin leader pushes past its challenges, the coming weeks will be critical to determine whether this early rally marks the beginning of a more sustained upward trend. Investors are closely watching Ethereum, anticipating that a reversal of these bearish trends could lead to a stellar 2025 for the network. Ethereum Rising Amid Aggressive Shorting Trends Ethereum is attempting to push above its 2024 high, but a decisive breakout remains elusive. Recent price action indicates the potential for a rally, with ETH posting early gains in 2025. However, the path forward isn’t clear-cut, as significant selling pressure continues to weigh on the altcoin leader. Top analyst Maartunn recently shared insightful data from CryptoQuant, shedding light on the current market dynamics. According to the data, Ethereum is experiencing aggressive shorting, with taker sellers dominating trading activity. Over $350 million more in sell-side pressure than buy-side activity is recorded daily, creating a challenging environment for ETH to break free from its current range. This trend, while suppressing prices in the short term, can’t last indefinitely. Market cycles often see such aggressive shorting as a precursor to a reversal, as sellers run out of momentum and buying pressure begins to build. Long-term investors are reportedly eyeing this phase as an opportunity, positioning themselves to capitalize on Ethereum’s relatively low prices. Related Reading: Solana Breaks Above Daily Downtrend – Analyst Expects New ATH Soon As Ethereum navigates these dynamics, the next few weeks will be crucial. A clean breakout above last year’s high could signal the start of a broader rally, attracting renewed interest and potentially reversing the ongoing shorting trend. For now, ETH remains at a pivotal juncture. Price Testing Crucial Levels Ethereum is trading at $3,650 after a robust start to 2025, gaining significant traction in the early days of the year. The price recently broke above the 4-hour 200 EMA with impressive strength, a technical indicator often viewed as a critical threshold for long-term trends. ETH is now testing the 200 MA on the same timeframe, a level that could confirm the bullish trend if reclaimed and held as support. A strong daily close above the 200 MA would solidify Ethereum’s upward momentum, potentially paving the way for a massive rally to challenge and surpass last year’s highs. Such a move would likely reinvigorate market sentiment and attract additional buying pressure, driving Ethereum to new levels in the near term. Related Reading: Chainlink Tunrns Resistance Into Support – ATH Next? However, the bullish outlook is not without its risks. If Ethereum fails to hold the 200 MA as support, the market could witness a renewed wave of selling pressure. This would likely push ETH back toward lower levels, eroding recent gains and prolonging its battle to regain upward momentum. Featured image from Dall-E, chart from TradingView 

Ethereum has kicked off the new year with a strong performance, surging over 9% in just a few days. This rally has brought renewed optimism to the market, especially among analysts and investors who had grown concerned about Ethereum’s prolonged underperformance compared to Bitcoin. Over the past months, ETH struggled to maintain momentum, causing many to question its near-term potential. Related Reading: Solana Breaks Above Daily Downtrend – Analyst Expects New ATH Soon However, top analyst Daan recently shared an insightful chart that has shifted the narrative. According to Daan, Ethereum has historically shown significant activity during the first quarter of the year, even in periods where it lagged behind Bitcoin. This trend underscores Ethereum’s potential for a rebound as market dynamics shift in its favor. While Ethereum’s price action is gaining strength, the next few weeks will be crucial. Investors are watching closely to see if ETH can sustain this momentum and reclaim dominance within the altcoin space. The market’s overall sentiment suggests that 2025 could be a pivotal year for Ethereum, with the Q1 trend potentially setting the tone for an impressive run ahead. Ethereum Start To The Year Sparks Optimism Ethereum has begun 2025 on an optimistic note, with investors and analysts watching closely to see if this momentum can sustain. While the start of the year has been strong, Ethereum’s performance will need to break away from past trends of underperformance relative to Bitcoin to truly thrive in the months ahead. Top analyst Daan recently shared a detailed analysis of the ETH/BTC ratio on X, highlighting the historical significance of Q1 for Ethereum. According to Daan, Ethereum has often seen substantial action durin.g this period, even in years when it lagged behind Bitcoin. During the previous bull cycle in 2020 and 2021, the ETH/BTC ratio experienced significant surges that coincided with the start of an alt season. This historical data suggests that Ethereum’s performance in Q1 could set the tone for broader market activity. For Ethereum to build on this promising start, the ~0.04 level in the ETH/BTC ratio stands as a critical resistance point. A decisive break above this level could reignite investor confidence and potentially lead to significant gains. However, failure to sustain momentum or surpass key levels might cause Ethereum to continue the broader trend of relative underperformance. Related Reading: Chainlink Tunrns Resistance Into Support – ATH Next? The next few weeks will be pivotal. If Ethereum can leverage this Q1 strength and push past critical thresholds, 2025 could mark a standout year for the leading altcoin. ETH Testing Critical Zone Ethereum is trading at $3,595 after reaching a high of $3,629 yesterday, testing a critical level that could determine its short-term direction. The price has shown resilience, bouncing back from the late December dip, but bulls now face the challenge of breaking through this significant resistance to sustain upward momentum. This level represents a crucial juncture for Ethereum. A breakout above $3,629, followed by a strong close, could signal the start of a bullish rally, potentially setting the stage for a move toward higher targets in the weeks to come. However, the market remains in a phase of recovery, with trading activity reflecting cautious optimism as investors weigh the potential for continued upward movement. Despite this positive outlook, the path forward may require patience. Consolidation around the current levels is possible as the market seeks clarity and momentum builds. Bulls will need to maintain Ethereum’s position above $3,500 to ensure that the bullish structure remains intact. Related Reading: Shiba Inu Testing A Significant Support Zone – Bullish Breakout Ahead? As the market begins to wake up from the seasonal correction, Ethereum’s performance at these levels will be critical. A decisive move in either direction could set the tone for the altcoin’s trajectory in the coming months, making this a key moment for investors and traders alike. Featured image from Dall-E, chart from TradingView 

Anthony Sassano, an independent Ethereum educator, angel investor, advisor, and founder of The Daily Gwei, shared his Ethereum predictions for 2025 via X, outlining a series of significant milestones and advancements he expects to unfold this year. Ethereum Predictions 2025 Ethereum will celebrate its 10th birthday this year and Sassano predicts that Ether (ETH) will […]

According to a recent report by Steno Research, Ethereum (ETH) is poised to outperform Bitcoin (BTC) in 2025. This outlook is attributed to historical trends and the anticipated impact of favorable cryptocurrency regulations following Republican presidential candidate Donald Trump’s victory in the November election. Will 2025 Be The Year Of Ethereum? While the overall cryptocurrency market surged to unprecedented heights this year – reaching an all-time high (ATH) total market cap of $3.9 trillion – Ethereum, the second-largest cryptocurrency, has lagged behind in terms of price performance. Related Reading: Ethereum Rejected At $4,000 Resistance Again: What Lies Ahead For ETH? However, Steno Research’s report suggests Ethereum could finally achieve a new ATH in 2025, driven by increased institutional investment and supportive regulatory developments. The report predicts that ETH could climb to at least $8,000 in the upcoming year. Bitcoin is also expected to hit a new ATH of $150,000 in 2025, but Ethereum may more than double from its current price of $3,400. Additionally, the ETH/BTC trading pair is forecasted to rise from 0.035 to 0.06 within the next 12 months. The weekly chart below illustrates ETH’s declining performance against BTC since September 2022. However, the pair is now hovering near a crucial support level at 0.035, with expectations of a rebound to the 0.06 level, which was last seen in February 2024. Steno Research’s optimistic forecast for Ethereum underscores a potential bullish momentum for altcoins in 2025. Mads Eberhardt, an analyst at Steno Research, stated: This expectation is partly based on the argument that Donald Trump’s U.S. presidential victory is more favorable for altcoins than for Bitcoin. The report adds that Bitcoin dominance (BTC.D) – a metric used to gauge the proportion of the total crypto market cap commanded by BTC – is expected to tumble to as low as 45% from its current level.  The following weekly chart demonstrates BTC.D’s sustained uptrend since September 2022, rising from a low of around 39% to a peak of 61%. However, recent price action suggests a lower high has been formed, signaling a potential sharp decline to around 45%. DeFi Activity To Rebound In 2025 The report further predicts a resurgence in decentralized finance (DeFi) activity within Ethereum’s ecosystem in 2025. Specifically, the total value locked (TVL) in decentralized applications is expected to hit a new high of $300 billion next year. Related Reading: DeFi Exploits Plunge 40% In 2024, But Centralized Exchange Losses Soar – Report Renewed interest in DeFi could further drive higher altcoin prices in 2025. Notably, ETH jumped 10% following Trump’s November election victory, as improved sentiment surrounding DeFi regulations boosted market confidence. In addition, strong inflows attracted by spot Ethereum exchange-traded funds (ETF) further strengthen the bullish case for ETH heading into 2025. At press time, ETH trades at $3,417, up 3% in the past 24 hours. Featured image from Unsplash, charts from Tradingview.com

Although Ethereum is currently up by about 46% from the starting point at the beginning of 2024, December has been underlined by a notable correction. This correction saw Ethereum declining noticeably from a $4,000 price point in the middle of the month, and it now finds itself consolidating below $3,400.  Crypto analyst Trader Tardigrade recently shared a bullish outlook for Ethereum in light of this consolidation. Particularly, the analyst has projected a surge to $8,000 sometime in 2025. Historical Pattern Says Bullish Trajectory For Ethereum Trader Tardigrade, known for identifying long-term market trends, took to social media platform X to share insights into Ethereum’s price potential. According to technical analysis, the second-largest cryptocurrency is now in its final consolidation phase before commencing a strong leg upwards. This consolidation has made ETH’s previous all-time high look unsurmountable, especially as it has faced resistance at the $4,000 price level multiple times in the current market cycle. Despite this, according to Trader Tardigrade, Ethereum’s target of $8,000 remains unchanged.  Related Reading: Legendary Analyst Peter Brandt Says Bitcoin Price Could Crash To $78,000, Here’s Why The foundation of Trader Tardigrade’s analysis lies in ETH’s weekly candlestick chart, where patterns from the previous market cycle between 2018 and 2021 provide a roadmap for its current trajectory. During that earlier cycle, Ethereum consolidated near the $500 mark for an extended period, and its then all-time high of $1,500 seemed out of reach. However, this consolidation was followed by an explosive rally in 2021 amidst a backdrop of inflows and interest in the broader cryptocurrency market. Trader Tardigrade sees parallels between that historical period and Ethereum’s ongoing price action in the 2021–2025 cycle. Therefore, the cryptocurrency’s current consolidation phase is building the necessary momentum for a similar rally, one that could ultimately push Ethereum to an unprecedented $8,000 price. ETH Long-Term Holders Await Renewed Rally To New All-Time Highs Reaching the $8,000 price target would see Ethereum trading at new highs and 64% above its current all-time high of $4,878. Although this outlook is based on parallels with the 2021 rally, factors that could push ETH in the current cycle are very different than they were back then. Ethereum’s rally in 2021 was bolstered by interest in decentralized finance (DeFi), non-fungible tokens (NFTs), dApps, and smart contracts, of which ETH was at the forefront.  Related Reading: Dogecoin Price At $5: Analyzing Previous Trends And Why A 1,500% Rally Is Possible Recent market dynamics place factors such as institutional demand and inflows into Spot Ethereum ETFs as the major drivers of any projected Ethereum price rally at this point.  Amidst this backdrop, on-chain data shows that Ethereum has attracted more long-term holders in 2024 compared to Bitcoin. As it stands, around 75% of ETH holders qualify as long-term holders, with many of them anticipating ETH’s move above $5,000 and beyond in 2025. At the time of writing, Ethereum is trading at $3,354, and a move to $8,000 would represent a 140% increase from the current price level. Featured image created with Dall.E, chart from Tradingview.com

Ethereum (ETH) – the second-largest cryptocurrency by market capitalization – may finally seize its moment in Q1 2025. Crypto experts have taken to X to share their analyses of a potentially bullish start to the new year for ETH. Ethereum Bullish Price Action In Q1 2025? Although Ethereum is up by almost 43% on a year-to-date (YTD) basis, its performance pales in comparison to Bitcoin (BTC) which has appreciated by more than 115% in the same period. In addition, various alternative Layer-1 blockchains, such as Solana (SOL) and SUI have vastly outperformed ETH throughout 2024. Related Reading: Ethereum Spot ETFs Witness Unbroken 16-Day Inflow Streak: New ETH ATH Soon? However, the momentum may soon shift in ETH’s favor, as experts suggest that Q1 2025 could mark a bullish phase for the world’s leading smart contract platform. According to crypto analyst Crypto Bullet, ETH appears to be forming a bullish pennant on the daily chart, with a potential breakout to $6,000 expected by March 2025. Similarly, cryptocurrency expert Anup Dhungana highlighted another bullish pattern forming on the weekly chart. He pointed to an inverse head-and-shoulders pattern – a widely recognized bullish indicator that suggests an impending price surge. Based on Dhungana’s analysis, ETH could soar to as high as $8,000 by May 2025. However, he also warned that the digital asset may first experience a dip to $2,800 before reaching new all-time highs (ATH). Veteran crypto analyst Quinten Francois also shared an interesting perspective. He noted that ETH has historically recorded exceptional gains during Q1 of the year following a US presidential election. If this historical pattern holds, Q1 2025 could be extraordinarily bullish for Ethereum. ETH Staking To Create Supply Crunch? In addition, Galaxy Research shared some price predictions about Ethereum heading into 2025, saying that the digital asset will trade above $5,500 in 2025 due to potentially favorable regulations surrounding staking and decentralized finance (DeFi). Related Reading: Ethereum Jumps 10% As DeFi Sentiment Rebounds With Trump’s Victory Galaxy Research also projected that Ethereum’s staking rate will surpass 50%, creating a supply crunch that could trigger a sharp price increase. The firm explained: The Trump administration is likely to offer greater regulatory clarity and guidance for the crypto industry in the U.S. Among other outcomes, it is likely that spot-based ETH ETPs will be allowed to stake some percentage of the ETH they hold on behalf of shareholders. Demand for staking will continue to rise next year, and likely exceed half of Ethereum circulating supply by the end of 2025, which will prompt Ethereum developers to more seriously consider changes to network monetary policy. Additionally, Galaxy Research suggested that the ETH/BTC trading pair will close 2025 trading above 0.06, buoyed by anticipated regulatory tailwinds. A rise in this trading pair from its current lows of approximately 0.03 could serve as a catalyst for the much-awaited altseason. Recent analysis by crypto analyst Carl Runefelt also foresees a big move for ETH at the beginning of the new year. At press time, ETH trades at $3,345, down 0.7% in the past 24 hours. Featured image from Unsplash, Charts from X and TradingView.com

Ethereum (ETH) is currently trading around $3,400, showing signs of indecision as it fails to establish strong support above this critical level. Recent price action reflects a lack of conviction among traders, leaving the market in a state of flux. Despite this uncertainty, Ethereum has managed to hold above key support zones that could act as a launchpad for a potential rally to new highs. Related Reading: Metrics Reveal Cardano Whale Accumulation – Is ADA Poised For A Rally? Top crypto analyst Carl Runefelt recently provided technical insights into Ethereum’s price movement, noting that ETH stayed within a 4-hour symmetrical triangle formation over the weekend. This pattern often signals consolidation, with the potential for a breakout in either direction. While Ethereum’s current positioning keeps bulls hopeful, it also highlights the importance of maintaining these key levels to prevent further downside pressure. As traders and investors closely watch Ethereum’s next moves, the market appears to be at a pivotal moment. Breaking decisively above $3,400 could spark renewed momentum while losing support might lead to a deeper retracement. For now, Ethereum’s resilience at critical levels keeps the possibility of a bullish reversal alive, but confirmation of a clear direction remains elusive. Ethereum Testing Liquidity To Move After weeks of underwhelming price action and a prolonged period of sideways trading, Ethereum appears ready to make a decisive move. The pressing question remains: will the breakout be to the upside or the downside? Renowned crypto analyst Carl Runefelt recently shared his insights on X, revealing that ETH has maintained a position within a 4-hour symmetrical triangle pattern over the weekend. This technical setup often signifies a buildup of momentum, with the potential for a significant breakout in either direction. However, Ethereum’s trajectory is closely tied to Bitcoin’s performance, making BTC’s next move a critical factor. Runefelt has identified clear targets for Ethereum based on Bitcoin’s behavior. If Bitcoin gains upward momentum, ETH could follow suit and push toward higher supply zones, with a bullish target of $3,900. On the other hand, a bearish move from BTC could drag ETH down, with the next key support level sitting at $2,920. Related Reading: Bitcoin Whale Moves 8,000 BTC Aged 5-7 Years – What Happened Last Time Market participants are now bracing for a potential volatility spike as Ethereum’s price consolidates within the triangle. The coming days will be pivotal, as a confirmed breakout could set the tone for ETH’s price action in the weeks ahead. Whether it’s a rally toward new highs or a dip to retest lower supports, Ethereum is at a crucial crossroads. Technical Levels To Keep An Eye On  Ethereum is trading at $3,400 after several days of oscillating between $3,300 and $3,500, reflecting a market stuck in indecision. The tight trading range highlights the growing tug-of-war between bulls and bears as both sides await a clear signal for the next move. For bullish momentum to regain control, ETH needs to reclaim the $3,550 level and establish it as a solid support. Doing so would likely trigger a rally toward higher resistance zones, potentially setting the stage for a larger breakout. However, the risks of downside action remain present. Losing the $3,300 support would expose Ethereum to sub-$3,000 levels, a scenario that could invite further selling pressure and dampen market sentiment. Related Reading: Dogecoin Whales Bought Over 90 Million DOGE In 48H – Details The coming days are critical for Ethereum as traders closely monitor the price’s behavior around these key levels. With uncertainty adding to the already cautious market atmosphere, many analysts anticipate a significant move on the horizon. Whether ETH surges past resistance or slides into deeper corrections depends largely on broader market dynamics, including Bitcoin’s performance and macroeconomic trends. For now, Ethereum’s indecision reflects a market at a crossroads, leaving participants eager for clarity. Featured image from Dall-E, chart from TradingView

As the crypto market prepares to close the year, the Ethereum price is showing strength against Bitcoin (BTC) as it aims for a mid-high timeframe reversal. A breakout above a critical resistance level could signal a potential shift in price action, paving the way for Ethereum’s dominance and potential rally in Q1 2025.  Ethereum Price Poised For Breakout Against Bitcoin A crypto analyst, known as ‘Daan Crypto Trades,’ shared a price chart representing the ETH/BTC trading pair, providing a detailed analysis of the probability of a reversal and its impact on the strength of the altcoin market.  According to the analyst’s X (formerly Twitter) post, the Ethereum price is attempting to form a higher low near the 0.786 Fibonacci retracement level at 0.0337, signaling the start of a potential trend reversal against Bitcoin. Related Reading: El Salvador Bitcoin Buying Spree Continues, BTC Holdings Now At 6,000 The 0.786 Fibonacci level appears to act as a strong support zone, indicating a possible shift from bearish to bullish. Daan also disclosed that the 0.04 BTC level has emerged as a key resistance level that needs to be broken for further bullish momentum to occur.  The analyst emphasized that a breakout above the 0.04 BTC level would confirm the mid-high timeframe trend reversal. If this happens, it could significantly weaken Bitcoin’s dominance and indicate an increased strength in altcoins, especially Ethereum. In the context of the ETH/BTC analysis, a mid-high timeframe reversal suggests that Ethereum could establish a bullish trend over the next few weeks to months. This timeframe is also used to assess broader trends rather than short-term price movements.   Moving forward, Daan revealed that historically, the ETH/BTC trading pair have performed well during the first quarter of the year, aligning with seasonal trends that typically favor altcoins. If this historical pattern holds, the analyst believes that a breakout above the 0.04 Bitcoin level could lead to a significant rally for Ethereum and the altcoin market.  Additionally, this projected rally is expected to occur in Q1 2025, resulting in a significant surge from the 0.040 BTC level to the 0.046 mark, as indicated by the analyst’s chart. Implications On The Altcoin Season If Ethereum breaks out of the 0.04 BTC level, it could mark the beginning of a bullish phase not just for the second-largest cryptocurrency but for the broader altcoin market. Historically, Ethereum’s market performance has acted as a measure of altcoin strength. Related Reading: XRP Price Prediction: Fibonacci And Elliott Wave Analysis Suggests $15 By May 2025 If Bitcoin’s dominance declines, it could trigger a surge of interest and demand from investors to altcoins. Currently, Bitcoin’s dominance is standing at 57.8%, still relatively high despite price declines and market volatility. For the altcoin season to fully kickstart, the market’s attention will need to shift from Bitcoin to alternative cryptocurrencies. A crypto analyst, identified as the ‘Crypto Rover’, disclosed in a recent post that Bitcoin’s dominance is experiencing a bearish retest and could potentially decline to 42%. If this occurs, the analyst asserts that it would be incredibly bullish for altcoins, potentially marking the start of the anticipated altcoin season.  Featured image created with Dall.E, chart from Tradingview.com

As Ethereum (ETH) trades steadily above the $3,300 mark, market analysts are beginning to predict a potential recovery that could reshape the altcoin landscape.  Currently trading at $3,321, ETH’s resilience has been notable, especially amidst a broader market correction led by Bitcoin (BTC). This recent downturn has tested ETH’s critical support level at $3,290, effectively preventing a decline toward the psychologically significant $3,000 barrier. Could Ethereum Reach $14,000 By March 2025? Crypto expert Crypto Rover has made headlines with his bold prediction that ETH is poised for an “explosion” in the first quarter (Q1) of 2025. His confidence is bolstered by historical trends observed in previous Bitcoin Halving years, particularly in 2017 and 2021, where ETH experienced substantial double-digit increases from January through March. In 2017, Ethereum recorded impressive monthly gains of 31.9% in January, 48% in February, and a staggering 214% in March. Similarly, in 2021, ETH saw significant gains of 78.5% in January, 8.4% in February, and 34.7% in March.  Related Reading: Bitcoin Reserve Idea Sparks Cautious Response From Japan PM: Report According to the expert’s analysis, these historical trends indicate that if Ethereum sustains its current price level for the rest of the year, it could experience a comparable path in 2025. Based on these historical figures and averages from the price increases between 2017 and 2021, it is possible that ETH might reach about $5,000 in January, around $6,400 in February, and by March, it could soar to $14,336 per token. Such increases would not only signify a recovery but also potentially triple Ethereum’s all-time high of $4,878 reached in November 2021. Beyond Ethereum, other altcoins such as XRP, Solana (SOL), Binance Coin (BNB), and even meme coins like Dogecoin (DOGE) are also expected to benefit from this market correction and consolidation.  Crypto Rover has also cautioned altcoin holders, stating, “Now is the worst time to sell. Our portfolios still have the potential to do a 10x from here. The next three months are going to be incredible.” Key Support Levels For ETH’s Price In addition to these bullish predictions, analyst Gabriel Maur has weighed in on Ethereum’s current price action, emphasizing key support levels between $2,800 and $2,900.  The analyst notes that the structure of support has transitioned into resistance, which, once broken, becomes a crucial support level. The upward trend indicated by the 55-period Exponential Moving Average (EMA) further supports the bullish sentiment. Related Reading: Bitcoin $90K Level Is Crucial For Bulls – Price Could Tag $79K If BTC Loses It As long as ETH remains above this critical support region on weekly closes, the probability of continued upward momentum stays in favor of buyers.  Maur identifies imminent targets of $4,093 and $4,868 (the previous all-time high), suggesting that if ETH closes above its all-time high, it may enter a price discovery phase with Fibonacci extensions indicating further upside potential. Featured image from DALL-E, chart from TradingView.com