Analysts predict that ETH may surpass its previous historical high in the first quarter of 2025

According to Cointelegraph, market analysts suggest that Ethereum could surpass its previous all-time high in the first quarter of 2025. Based on market reports released by Bybit and Block Scholes, after last week's crypto market deleveraging, ETH may soon start catching up with Bitcoin's gains, indicating a "reset of leveraged long exposure". Analysts also pointed out that as price catch-up expectations fully unfold, ETH will also show strength in the derivatives market.