Analysts suggest that Ethereum (ETH) could exceed its previous all-time high during the first quarter of 2025. Despite Bitcoin achieving significant growth since December, Ethereum has struggled to maintain a price above $4,000. However, market reports indicate a possible increase in ETH’s price driven by reduced leverage in derivative markets, thus positioning it for a potential rally. Analysts predict ETH may target a price of $8,800, contingent on surpassing the $4,100 resistance level. Recent trends show a spike in new Ethereum wallet creation, signaling growing investor interest. While Bitcoin has outperformed Ethereum in 2024, the correlation between the two assets suggests that ETH is on the brink of gaining momentum following a historical pattern observed post-Bitcoin halving. Some industry participants maintain conservative price forecasts, with significant expectations for both ETH and BTC in 2025.

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