TechFlow news, December 14 — According to Cointelegraph, a market report released by Bybit and Block Scholes indicates that after last week's deleveraging in the cryptocurrency market, Ethereum may soon start catching up with Bitcoin's gains. Bybit analysts said the reduction in leverage could enable Ethereum to rebound to new all-time highs in the first quarter of next year, expecting "a new all-time high in Q1 2025," adding: "As price catch-up expectations fully unfold, ETH is showing strong momentum in the derivatives market."
Crypto analyst Long Investor believes Ethereum needs to first overcome the key resistance level at $4,100. "Once breaking above $4,100, Ethereum could move toward its ATH level of $4,865."
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