Ethereum fell short of many investors’ expectations during its bull market in 2024 and struggled to break through some critical levels. However, some analysts believe that could change in 2025.
Ethereum (ETH) could start gaining value against Bitcoin (BTC) as of January 2025. According to one crypto analyst, a significant breakout in Ethereum’s performance against Bitcoin is possible.
According to TradingView data, the ETH/BTC ratio is currently at 0.0355. Michael van de Poppe, founder of MN Capital, stated that the ETH/BTC ratio is expected to exceed 0.04 in January.
This ratio last reached 0.04 on December 8, 2024, and at that time, Ethereum rose above the critical $4,000 level, trading at $4,018.
Van de Poppe predicts that demand for Ethereum will increase in January 2025, and that Bitcoin may experience outflows during this period. This could trigger an “altcoin season” in the altcoin ecosystem as the price of Ethereum strengthens.
The consolidation of Bitcoin prices during this period could allow investors to turn to Ethereum and altcoins. The analyst’s prediction is an important scenario for the market, especially considering Ethereum’s strong position in DeFi, NFT, and other altnet projects.