In 2024, Ethereum underperformed compared to Bitcoin, but experts indicate the situation might change in 2025.
Current Situation of Ethereum
Ethereum is currently around $3,500 since December 20. Analyst Sean Dawson notes a significant bias towards call options on Derive.xyz, with open interest being 250% higher than puts, indicating strong bullish sentiment among investors.
Growth Factors
Dawson believes excitement around Trump's first year in office and a major network upgrade called Pectra will drive Ethereum's price. If the upgrade is successful, ETH might reach $12,000 by the end of 2025. The regulatory-friendly environment further supports this outlook.
Risk Analysis
Though Dawson is optimistic, he warns of a potential drop below $2,000 in a bear market. This could occur if spot Ethereum ETFs fail to attract institutional interest, losing ground to a successful Solana ETF.
While predictions for Ethereum in 2025 remain mixed, Sean Dawson suggests that network improvements and political shifts could lead to substantial price growth.
