PANews December 14 news, according to Cointelegraph, market analysts say that Ethereum may break its previous all-time high in the first quarter of 2025. According to a market report released by Bybit and Block Scholes, after the recent deleveraging in the crypto market last week, ETH may soon start to catch up with Bitcoin's gains, "indicating a reset of leveraged long positions." Bybit analysts pointed out that as the price chase unfolds, ETH will also show strength in the derivatives market.