According to market experts, Ether could potentially surpass its previous all-time high in the first quarter of 2025. Although Bitcoin reached an all-time high of $100,000 on December 6, Ether has not been able to maintain its value above $4,000.
However, with the recent market correction and the decline in leveraged long positions, Ether may see a resurgence and potentially reach a new all-time high in Q1 2025.
Analysts at Bybit and Block Scholes believe that ETH has strong support in the derivatives market and the price is expected to catch up to Bitcoin's gains.
Despite this, Bitcoin has proven to be a more profitable investment in the last six months, up 54% compared to Ether's 12% return.