Analysts predict that ETH may surpass its previous historical high in the first quarter of 2025

Bitget App

Trade smarter

Bitget2024/12/14 13:26

According to Cointelegraph, market analysts suggest that Ethereum could surpass its previous all-time high in the first quarter of 2025. Based on market reports released by Bybit and Block Scholes, after last week's crypto market deleveraging, ETH may soon start catching up with Bitcoin's gains, indicating a "reset of leveraged long exposure". Analysts also pointed out that as price catch-up expectations fully unfold, ETH will also show strength in the derivatives market.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

Trending news

Data: A certain whale opened a 25x long position of approximately $46.6 million in ETH before the crash, with a total unrealized loss of about $3.4 million.

2,357.38 BTC transferred out from Strategy (Prev. MicroStrategy)