Analysts confirm ETH price bottoming and await a green zone reversal.
This could pump ETH price parabolically to new ATH price up to $15,000.
ETH price reclaiming its ATH prices could trigger this bull cycle’s altseason.
The price of Ethereum has yet to follow Bitcoin’s lead and reclaim its much higher price targets. The pioneer altcoin asset ETH, is expected to hit a new ATH target soon triggering the arrival of altseason peak. Analysts confirm ETH price bottomed and are now awaiting a green zone reversal meaning an Ethereum (ETH) ATH price is imminent. How high will ETH go in this bull cycle?
Analysts Confirm ETH Price Bottom
Bitcoin has had an interesting run in 2025. The pioneer cryptocurrency set a new ATH of $109,000 in January before slipping into a prolonged crypto market price correction phase. This correction went on for all of Q1 and finally concluded at the start of April. While BTC price dropped, altcoins dropped even further giving traders a golden opportunity to accumulate more.
https://twitter.com/MerlijnTrader/status/1917609892665516091
During this time several altcoins went on to print a bottom and the pioneer altcoin Ethereum (ETH) seems to be one such asset. As we can see from the post above, this reputed crypto trader and analyst confirms that ETH price has bottomed. The analyst also goes on to share a chart delving deeper into Ethereum’s previous price movements from previous bull cycles and altseason.
To elaborate, the analyst goes on to highlight that every bull cycle marks a green zone and Ethereum bottom just hit this line meaning a major bullish reversal is on its way. As explained in the post above, the analysts believe the time is right for an impressive and explosive rally. He confirms that Ethereum is preparing to come back stronger than ever. In fact, analysts are certain that ETH setting its new ATH will trigger this bull cycle’s altseason.
ETH's Next ATH Price, $8,000 or $15,000?
During the correction period, the price of ETH fell as low as $1,300 which many analysts marked as ETH bottoming before an explosive pump to reclaim previous ATHs came into play. Based on CoinMarketCap analytics, the price of ETH is presently sitting at $1,800 with a total market cap of $218,185,199,966.71 and a 24-hour trading volume of $14,424,948,299.53, and its previous ATH price set at $4,891.
Based on the many bullish indicators on the ETH price chart so fast, analysts are certain that ETH is preparing to pump parabolically. Looking at the indicators so far, analysts are expecting ETH price to hit new ATH prices between $8,000 to $15,000 this bull cycle. Could the price of ETH go much higher than anticipated? When will BTC Dominance collapse and give altcoins the time to shine.