Long-term Ethereum (ETH) holders are accumulating more than Bitcoin whales. Explore bullish signals in the ETH/BTC ratio and other data to predict the next ETH price surge. Will ETH reach $3,600…
Written by Ariela - Last updated on 01/10/2025 at 17:00 by Ariela
Will ETH Reach $3,600 in Q1 ? Long-Term Holders Are Bullish
Just as the $90,000 range serves as support for Bitcoin, the $3,100 level must hold for Vitalik’s Ethereum. If this support falters, ETH could retrace to $2,800 or even lower. Currently, ETH has rebounded and is trading at $3,300 at the time of writing.
The Bitcoin range between $110 and $90,000 comes after a significant sell-off by long-term holders (holding assets for over 8 months), halting its upward trend. Long-term holders of Bitcoin have liquidated over 1.6 million BTC since October 6th.
In contrast, long-term holders of Ethereum have increased their holdings. This divergence bodes well for the top altcoin, aligning with the usual altcoin-favorable seasonality in Q1 of the fourth year of the cycle.
According to analysis by IntoTheBlock, this confluence started in 2024 and intensified in 2025. In summary, ETH long-term holders have increased their holdings by nearly 75%:
“Currently, 74.7% of Ethereum addresses are held by long-term holders, surpassing Bitcoin significantly. This trend is expected to continue until Ethereum nears its all-time high and holders begin to realize their profits,” the company stated.
An Imminent Rebound for ETH ?
ETH appears poised to reach new highs. The $10,000 mark is anticipated, especially since the expert GCR deemed it “inevitable” two years ago.
Moreover, ETH ETFs could attract liquidity from Bitcoin ETFs, amid expectations of an altcoin season. Currently, the first two weeks of 2025 show outflows for ETH, including -$159 million on January 8th.
It’s crucial to monitor the ETH/BTC chart in this context. ETH underperformed throughout 2024, explaining its current rebound and community optimism. A potential rebound seems likely as the ETH/BTC chart appears to have found its bottom, showing higher lows, indicating ETH’s resilience against Bitcoin.
While ETH hit $3,670 during the previous pump at BTC’s $102K, it could target $3,800 in case of a new BTC rally beyond $100,000, displaying higher highs.
In conclusion, the Ethereum Foundation sold at the top of $3,670 a few days ago, reducing selling pressure. The strong liquidity zone around $3,600 will be crucial for aspiring to new ATHs in the coming weeks.
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Ariela is one of the main editors of the news shared daily on InvestX. With 8 years of experience in writing, she writes articles on the topics that mark the crypto market each day.
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