Amid its underperformance, Ethereum is set to enter its most bullish month in history. This has sparked a positive sentiment among investors, who hope for a bullish reversal. Crypto analysts have also made bullish predictions for ETH based on the crypto’s historical performance in February.
What To Expect As Ethereum Enters Its Most Bullish Month
Cryptorank data indicates that investors can expect Ethereum to make significant gains as it enters its most bullish month in February. ETH has recorded positive monthly closes in February for the last six years. In fact, the crypto has only recorded a negative monthly close once, which was in 2020.
Last year, Ethereum recorded a 46.7% gain in February, its second-highest monthly gain in 2024, behind the 47.4% gain it recorded in November. Meanwhile, it is worth mentioning that ETH’s average monthly gain in February is 34.4%. Based on this, the ETH price could rally to as high as $4,300.
Such a rally would be significant as it could pave the way to a new all-time high (ATH) for Ethereum, as crypto analysts like Ali Martinez have suggested. Martinez recently alluded to ETH’s bullish historical performance in February as one reason why this wasn’t the right time to give up on it.
Crypto analyst Ted also made a bullish case for ETH heading into February. He predicted that the crypto could rally to as high as $4,500 next month and that a new all-time high for ETH by March is highly likely, especially if Donald Trump’s World Liberty Financial keeps buying Ethereum.
Interestingly, in another X post, the analyst also predicted that ETH could rally to between $9,000 and $10,000 in the next three to four months. Crypto analysts like Titan of Crypto and CrediBULL Crypto have also predicted that ETH can reach $10,000 in this market cycle.
Ethereum’s Roadmap For 2025
In an X post, Titan of Crypto highlighted Ethereum’s 2025 roadmap while asserting that ETH is gearing up for a major move up this year. As part of the roadmap, he highlighted profit zones on his accompanying chart, in which investors should be looking to secure profits. The first take profit zone he highlighted is at $5,664.
The second take-profit zone is at $7,400, the third is at $8,500, and the fourth is at $10,000, indicating that ETH can indeed reach this psychological $10,000 price level in this market cycle. Ethereum whales have been actively accumulating in anticipation of a significant price surge. Ali Martinez revealed that these whales bought over 100,000 ETH during the recent price dip.
At the time of writing, the Ethereum price is trading at around $3,200, up over 1% in the last 24 hours, according to data from CoinMarketCap.
Featured image from iStock, chart from Tradingview.com
