Markus Thielen, a leading name in the cryptocurrency industry, made a January and 2025 prediction for Ethereum.
10x Research founder Markus Thielen has drawn a cautious view on Ethereum and the cryptocurrency market in general. He predicted that Ethereum may not reach a new high in 2025 and its performance will be limited.
Similarly, he argued that there would be no significant movement in the rock in January. He explained the reason for this as decreasing liquidity support and the FED's hawkish macroeconomic policies.
According to Thielen’s projections, the US Federal Reserve’s decision to reduce interest rate cuts from five to two through 2025 and the federal funds rate remaining at 3.9% instead of 3.4% created an unfavorable environment for risk assets.
Whether Ethereum will perform strongly in the first quarter of 2025 will become clear depending on market conditions and regulatory developments. It is critical for investors to follow these dynamics closely.
According to CoinGecko data, Ethereum, which has increased by 0.2% in the last 24 hours, is traded at $3,395 at the time of writing.
Stay tuned