Market analysts predict that Ethereum is likely to reach an all-time high in the first quarter of 2025📈. According to market reports from Bybit and Block Scholes, as the crypto market de-leveraged last week, Ethereum may soon catch up to Bitcoin's gains. This suggests that the reset of leveraged long positions could lay the groundwork for Ethereum's future growth.

Bybit's analysts point out that the liquidation of leverage provides the possibility for Ethereum to reach new highs in the first quarter of next year. Crypto analyst The Long Investor believes that Ethereum needs to break through the key resistance level of $4,100 to continue rising to the all-time high of $4,865, and plans to hold ETH until $8,800. 🚀

Ethereum's strong performance in the derivatives market also adds confidence to its future price trends. 🔍