L’ether

$ETH

tickers down

3 661,17 €

could reach new highs as early as the first quarter of 2025. Analysts point to favorable technical and historical signals, reinforcing hopes of a record performance for the second-largest cryptocurrency.

Ether on the rise

Crypto Market Could See Ether Regain Ground on Bitcoin

$BTC

tickers down

98 838 €

. According to a report by Bybit and Block Scholes, the recent reduction in leverage observed in the derivatives market marks a “reset” in long positions. This phenomenon is often followed by bullish rallies. In this context, Bybit analysts believe that “ether could reach a new all-time high during the first quarter of 2025.”

Yet the altcoin has so far struggled to keep pace with bitcoin. On Dec. 6, bitcoin surpassed $100,000 for the first time, setting a new record high. By comparison, ETH has failed to sustain its price above the symbolic $4,000 threshold. This disparity has contributed to a much lower return for ether: 12% over the past six months, compared to an impressive 54% increase for bitcoin, according to data from Cointelegraph.

Also read: Crypto: Ether has less than 10% chance of reaching $5,000 by year-end, according to Derive

Technical and historical signals point to an increase

Despite the delay, analysts agree that ether could soon catch up. One key technical signal is drawing attention: an ascending triangle formation on the daily charts. This pattern, often associated with bullish rallies, could allow ether to rise above $8,800.

An analyst known as The Long Investor shared his views on X. He said, “A break above $4,100 could propel ether toward its previous all-time high of $4,865, and potentially as high as $8,800. I’m holding my positions until that level.”

Bitcoin’s cycle history reinforces this analysis. Venture Founder, another prominent crypto analyst, pointed out that after each bitcoin halving, ETH typically underperformed BTC for eight months before outperforming it. “We’re currently in month eight. Everything is in place for a reversal,” he said.

Investor behavior is also fueling this momentum. According to data from Santiment, more than 130,000 new Ethereum addresses were created each day in December, the highest since April. This renewed interest could provide further momentum to the market, drawing more capital into ether.

In summary, ether seems to be positioned for a strong rise in 2025. Between encouraging technical signals and a history of favorable cycles, optimism is in order. However, not all forecasts are unanimous: institutions like VanEck see a more moderate peak at $6,000, while others predict much higher levels, up to $8,800.