Whereas Ethereum (ETH) underperformed in 2024 and fell behind Bitcoin, analysts stated the scenario may change.
At this level, Sean Dawson, head of analysis at DeFi protocol Derive, claimed that the Ethereum worth may attain a peak of $12,000 this yr.
Dawson believes that the joy surrounding the primary yr of Donald Trump’s presidency and a serious community improve referred to as Pectra will likely be influential in ETH’s rise.
Stating that 2025 will likely be a bullish yr for Ethereum, the analyst stated that if ETH is profitable within the Pectra replace, it should attain $ 12,000 by the tip of the yr and the regulatory-friendly setting below the Trump administration will additional assist development.
“ETH has been consolidating round $3,500 since Dec 20, however the choices and derivatives market is telling us a extra bullish story.
On Derive.xyz, there’s a vital bias in the direction of name choices with open curiosity being 250% greater than places.
This alerts sturdy bullish sentiment as traders search upside leverage via these choices.”
Dawson’s $12,000 prediction for the tip of 2025 would signify a rise of roughly 257% from Ethereum’s present worth.
Dawson is bullish on Ethereum, however warned that the worth may fall under $2,000 within the occasion of a bear market. Dawsom added that this might solely occur in tough circumstances, resembling spot Ethereum ETFs failing to draw institutional curiosity and dropping floor to a profitable Solana ETF.
*This isn’t funding recommendation.
