According to recent reports from Cointelegraph, Ethereum is anticipated to reach a new all-time high in the first quarter of 2025. Market analysts, including insights from Bybit and Block Scholes, indicate that the recent deleveraging in the crypto market has positioned Ethereum favorably, potentially allowing it to align closely with Bitcoin gains. The analysis suggests that the liquidation of leveraged positions is a significant factor in this positive outlook for ETH. Specifically, Bybit’s analysts believe that the resetting of these long positions could create a robust environment for Ethereum, setting the stage for its ascent. As the derivatives market shows promising activity, the momentum for Ethereum’s price recovery seems imminent, reinforcing expectations of a bullish trend leading into 2025.