The post Analyst Gives Good News to Investors! “Wait for January! Ethereum (ETH) May Start Altcoin Rally!” appeared on BitcoinEthereumNews.com.

While Ethereum is preparing to close 2024 with a lower performance compared to Bitcoin, it is preparing for its great days again in 2025. At this point, successful analyst Michael van de Poppe said that Ethereum could surpass Bitcoin in January and experience a boom in price. Poppe stated that the ETH/BTC parity, which fell to historical lows during the year, could exceed the 0.04 level, and argued that this situation could initiate an Ethereum altcoin rally. Poppe predicted that interest in Ethereum would increase in January with the start of the new year, saying that ETH would rise and Bitcoin would remain weaker against ETH. “I wouldn’t be surprised if ETH/BTC exceeds 0.04 in January. There may be inflows in Ethereum and outflows in Bitcoin. Bitcoin’s progress through the consolidation phase could initiate an altcoin rally in the Ethereum ecosystem.” Other market analysts, like Poppe, have also noted that spot Ethereum ETFs could outperform Bitcoin ETFs in 2025. At this point, ETF Store president Nate Geraci said in a post, “Net inflows into ETH ETFs are currently the same amount as gold ETFs, but I expect inflows to accelerate.” The ETH/BTC ratio last reached 0.04 on December 8, 2024. When it reached this level, Ethereum was traded at $ 4,018, rising above the critical $ 4,000 psychological level. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/analyst-gives-good-news-to-investors-wait-for-january-ethereum-eth-may-start-altcoin-rally/

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Filed under: News - @ December 25, 2024 3:23 pm