For the first time in over three years, Ethereum (ETH) has reached the significant price milestone of $4,100. This level has proven to be a key resistance point for investors, especially as the leading altcoin struggled to breach it during the bullish momentum experienced in the first quarter of this year.<\/p>\n
The renewed bullish sentiment among crypto investors has led analysts to forecast potential new all-time highs for Ethereum, surpassing its previous record <\/a>of $4,878, set in November 2021.\u00a0<\/p>\n For instance, crypto analyst Justin Bennett noted on social media platform X (formerly Twitter) that ETH had previously faced technical barriers in surpassing the $4,000 threshold and acknowledged that Bitcoin has been the focal point of market attention in December.<\/p>\n However, the analyst emphasized <\/a>that if ETH\u2019s price can successfully navigate the critical $4,000 to $4,100 range in the short term, it could pave the way for a rally back toward its all-time high zone, with the potential to reach mid-$5,000 levels, thereby completing the current bullish channel for the altcoin.\u00a0<\/p>\n Bennet also suggested that now is the opportune moment for the ETH price to target a new all-time high as he believes that the altcoin could see \u201csome of those Bitcoin (BTC) profits\u201d flow into the Ethereum market soon.<\/p>\n Adding to this bullish outlook, market expert VentureFounder shared even more optimistic predictions<\/a>, anticipating an extended bullish momentum for ETH over the next seven months, and projecting it to reach a new all-time high of $15,937 by May 2025.<\/p>\n VentureFounder linked this forecast to historical patterns, noting that the first quarter following Bitcoin\u2019s Halving events typically initiates a surge toward new record highs. He further indicated that Ethereum often enjoys a year of strong performance after such Halving events, the latest of which occurred in April of this year.<\/p>\n This year has already seen significant similarities with the past for both Bitcoin and Ethereum. Prior to Bitcoin\u2019s Halving, the cryptocurrency <\/a>experienced a substantial rally, fueled in part by the approval of spot Bitcoin exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC).\u00a0<\/p>\n At the time, the Bitcoin price reached a new all-time high just above $70,000 in March, and it has since risen by more than 50% to a new record of $107,000, despite challenging second and third quarter price action<\/a>.<\/p>\n Ethereum also experienced significant growth, posting its strongest first quarter in more than three years, rising from $2,260 in February to nearly 100% in just 30 days. However, it remained below the $4,100 threshold until recently, consistent with Bitcoin\u2019s increasing trajectory.<\/p>\n Overall, VentureFounder\u2019s analysis, together with the price movements of both Ethereum and Bitcoin this year, gives a solid foundation for believing that ETH may be poised for significant rises in the coming months if the experts\u2019 projections and prior patterns hold true.\u00a0<\/p>\nEthereum Price To Reach $15,937 By May 2025?\u00a0<\/h2>\n