As the crypto market is regaining momentum following the recent turmoil, leading altcoins such as Ethereum are exhibiting significant signs of growth and renewed potential. Driven by historical data, analysts and experts remain optimistic that 2025 Q1 will be bullish for the Ethereum price.
Ethereum Price Awaits Huge Breakout, Targets $7.5K
Crypto enthusiast TraderPA took to the X platform to share a bullish view on the Ethereum price. According to TraderPA’s analysis shared via an X post, Ethereum (ETH) is set to pump by 3x in 2025, targeting the ambitious $7.5k.
Similarly, Mister Crypto, another crypto analyst, predicted that a huge breakout would be inevitable for Ethereum. At the same time, trader Ted shared a long-term target for the Ethereum price. As per his analysis, Ethereum’s price could potentially surge to $5,000, $7,000, or even a more aggressive target of $10,000.
2025 Q1: A Bullish Quarter Ahead?
According to Crypto Rover, a prominent analyst, Q1 is usually bullish for Ethereum, especially during a bull market. Drawing on Ethereum’s successful price trends in the first quarters of 2017 and 2021, Crypto Rover forecasts a repeat of this historical pattern.
Ethereum is undervalued.
Q1 is always bullish for Ethereum during a bull market year.
In the end, you’ll regret not buying more at these levels.
Just take a look at this chart.
pic.twitter.com/1BgXpbcld0
— Crypto Rover (@rovercrc) February 7, 2025
Interestingly, the Ethereum price which stood at $7 in January 2017 increased to $56 in March. Similarly, ETH saw a steep climb from $560 to $2,100 in 2021 Q1.
Ethereum Mirrors Bitcoin’s Rise: What To Expect?
As of press time, Bitcoin is exchanging hands at $97,555.74, marking a marginal increase of 0.67% over the last 24 hours. Meanwhile, Ethereum is still caught within the bearish trend, registering a daily drop of 0.75% and a weekly decline of 20.62%.
Nevertheless, both Bitcoin and Ethereum are displaying strong upside momentum, indicating a potentially bullish outlook. While Bitcoin is experiencing an upward push, Ethereum is following suit.
According to Merlijn The Trader, Ethereum is following Bitcoin’s 2016-2017 cycle to perfection. The analyst added that Ethereum is set for a parabolic move to new all-time highs if history repeats.
Increasing ETH Purchases Trigger Price Surge
Notably, the Ethereum price’s potential rally could be attributed to multiple factors, including massive ETH purchases. Amid the sensational Bitcoin ETF in-kind redemption procedures, asset manager BlackRock has acquired approximately $280 million in Ethereum ETFs.
In addition, investment firm Fidelity and President Donald Trump’s crypto project, World Liberty Financial, have also invested millions in Ether. Thus, it is obvious that these huge ETH purchases have significantly contributed to the Ethereum price’s possible bullish trajectory.
The post Ethereum Price To Pump 3X in 2025: Is $7K the Next Target? appeared first on CoinGape.
