In 2025, the cryptocurrency market is showing promising signs of recovery, with Ethereum making notable strides, climbing 2.75% in just a day.
This uptick in value signals a broader positive shift among investors, reflecting burgeoning confidence in the market.
Market Analysis
Market analyst ShayanBTC recently shared his perspective through a Quicktake update on CryptoQuant, discussing the likely potential for Ethereum’s value to rise further.
He focused on the Taker Buy Sell Ratio, an important indicator in futures trading that measures the balance between buying and selling activities.
The Taker Buy Sell Ratio is a barometer of market sentiment, indicating whether buying or selling pressure is more dominant.
A ratio above 1 suggests a robust presence of buyers, whereas a figure below 1 points to increasing selling activity.
After climbing back above the $3,000 threshold, Ethereum has seen a significant rise in market buy orders, signaling a growing sense of optimism among traders regarding the token’s short-term price outlook.
Future Projections
If this positive trend continues, Ethereum could set its sights on reclaiming the $4,000 level, a key resistance point.
However, ShayanBTC warns that in order for a firmly bullish trend to be established, the Taker Buy Sell Ratio must rise above 1, demonstrating that buyers are taking control.
In another update, crypto expert Michaël van de Poppe highlighted recent trends in the altcoin sector, which recently underwent a correction but has since found a vital support point.
He noted that these cryptocurrencies have begun to rise, hinting at the onset of an “altseason,” a period when alternative coins often see significant gains.
With expectations surrounding the current bull cycle running high, van de Poppe predicts that the total market capitalization for altcoins could soar to $2 trillion.
Given Ethereum’s substantial presence—holding nearly 29.7% of the altcoin sector—it stands to play a crucial role in fueling this bullish momentum.
If van de Poppe’s projections come to fruition, Ethereum’s market valuation might approach an impressive $594 billion during altseason.
Market Dynamics
It’s also important to understand “altseason.” This term describes a phase where alternative cryptocurrencies gain significant value, often outpacing Bitcoin in the process.
As it stands, Ethereum is priced at $3,652, reflecting a 1.37% increase over the last 24 hours.
Despite this positive movement, the daily trading volume for Ethereum has fallen by 25.76%, now hovering around $16.29 billion.
Source: Bitcoinist
