Ethereum is set to experience substantial gains in Q1 2025, with historical trends indicating a bullish trajectory. Crypto analyst Kaduna foresees the altcoin season kicking off the new year led by ETH. This is based on historical data showing Ethereum's consistent positive gains during past bull runs following Bitcoin Halving events in 2017 and 2021.
Ethereum recorded significant increases of 34%, 47%, and 215% in early 2017, with a similar pattern in 2021. Given these trends, analyst Kaduna suggests it's wise to hold onto ETH investments, as another boom is anticipated for Q1 2025. Ethereum, despite struggling in 2023, is hinted to resonate with past successes, potentially reaching new ATHs.
Crypto analyst Ted echoes a promising outlook, predicting ETH dominance will rise as Bitcoin's subsides. With ETH expected to hit $10,000, the consensus is bullish. Despite current lower trading values, analysts trust Ethereum's potential to rebound strongly, based on chart analysis pointing towards early support levels.
Булак: www.newsbtc.com ↗