Catenaa, Friday, January 10, 2024 – Ethereum has kicked off 2025 with a robust 13% surge, reigniting optimism among investors and raising questions about its ability to outperform Bitcoin in this post-halving year.
Analysts point to Ethereum’s historical strength in the first quarter of post-halving years as a driver of bullish sentiment and a potential altseason.
Prominent crypto analyst Daan highlighted Ethereum’s early lead over Bitcoin, noting that the altcoin often gains momentum during Q1 in post-halving years. This trend, combined with favorable market conditions, positions Ethereum as a strong contender for dominance in 2025.
Currently trading at $3,636, Ethereum is testing critical support levels, including the 4-hour 200 moving average, which analysts say could determine the next phase of its price trajectory. Holding above the $3,500 mark is crucial for sustaining the bullish trend, while reclaiming $3,900 would reinforce its upward momentum.
Despite Ethereum’s promising start, the broader crypto market remains volatile.
Analysts emphasize the importance of navigating key challenges to maintain investor confidence. A sustained decline below support levels could introduce uncertainty, while quick recoveries from brief dips would keep the bullish outlook intact.