#BTCRebounds95K Analysts Set $8K Ethereum Target With ‘Imminent’ Altseason – Why 2025 Could Be Altcoins’ Best Year Yet
Altseason in 2025 could make it the best year yet for altcoins, with Ethereum targeting $8K and Bitcoin dominance expected to drop to 45%.
According to their December research note, Steno Research not only paints bullish price projections for Ethereum in a 2025 altseason but also for Bitcoin, setting eyes on a $150,000 all-time high.
The report cites institutional adoption as the main driver behind these optimistic targets, anticipating “unparalleled levels, further bolstered by significant inflows into U.S.-based Bitcoin and Ethereum ETFs.”
Steno forecasts BTC and ETH exchange-traded funds (ETFs) to see net inflows in 2025 of $48 billion and $28.5 billion, respectively.
While Bitcoin has been the primary market mover thus far, Steno expects altcoins to dominate in 2025, stating they are “increasingly optimistic about an imminent altcoin season” that could see Ethereum outperform the world’s leading cryptocurrency.
This sentiment is echoed by popular X trader Crypto Rover, who notes historical trends of Ethereum outperformance during the year’s first quarter.
Bitcoin Dominance to Fall to ‘Altseason’ Levels
Given this materializes, Bitcoin would find itself further decoupled from the altcoin market.
Steno expects the ETH/BTC ratio to hit “at least 0.06”. That is nearly double the current level of around 0.035, according to TradingView data.
This will usher in a broader altcoin season, with Bitcoin dominance dropping from its current levels of nearly 58% to around 45%, according to the report.
the market currently lies at 47, far from its 88 stints in November and the 75 thresholds considered an active altseason.
Bullish Fundamentals Could Make 2025 Altcoin’s Best Year
Steno Research also noted stacking fundamentals in favor of a potential altseason that stands to make 2025 the biggest year for cryptocurrencies yet.