Analysts predict that ETH may surpass its previous historical high in the first quarter of 2025
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.
You may also like
Goldman Sachs warns: If Middle East ship attacks intensify, oil prices may rise to $120
Goldman Sachs has warned that if shipping attacks escalate further in the Middle East, international oil prices could rise to $120 per barrel. The firm also recommends that investors go long on natural gas and diesel to capture related gains.
USD/JPY Price Forecast: Fresh downside leg expected below 155.00
Lighthouse Canton says bond rout reflects debt-deficit strain, not just inflation
Jaguar Land Rover launches global voluntary exit program
Crypto prices
More
