Ethereum ($ETH ) has finally crossed the $4,100 mark for the first time since 2021, a level that investors have struggled to surpass. Despite strong momentum earlier this year, Ethereum failed to break through this crucial barrier during the first quarterโ€™s bullish phase. However, market optimism now signals a potential rally toward new highs.

Analysts Predict Ethereumโ€™s Next Move

Prominent crypto analyst Justin Bennett highlighted on social media platform X (formerly Twitter) that Ethereum has historically encountered resistance between $4,000 and $4,100, particularly as Bitcoin dominated market attention in December. Bennett explained that if ETH successfully navigates this critical price range, it could initiate a sustained rally toward its all-time high of $4,878 and possibly climb into the mid-$5,000 zone, completing its bullish breakout.

Bennett also suggested that a portion of recent Bitcoin (BTC) profits could soon flow into Ethereum, potentially triggering an upward surge and driving ETH to new record levels.

Ethereum to $15,937 by May 2025?

Adding to the positive sentiment, market analyst VentureFounder predicted that Ethereum could reach $15,937 by May 2025, setting an entirely new all-time high. According to VentureFounder, the first quarter following Bitcoinโ€™s halving event typically sparks significant market growth, with altcoins like Ethereum historically following suit.

Bitcoinโ€™s trajectory this year has set a notable precedent. Following the approval of Spot Bitcoin ETFs by the U.S. Securities and Exchange Commission (SEC), BTC surged to a new all-time high of $70,000 in March and continued to climb past $107,000 despite challenging price action in Q2 and Q3.

Ethereumโ€™s strong performance mirrors this trend. In Q1, ETH experienced its best start in over three years, rallying from $2,260 in February to double its price within 30 days. Now, with ETH finally breaching $4,100, analysts believe Ethereum could ride Bitcoinโ€™s momentum and achieve new historic highs in the months ahead.

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