Ethereum (ETH) Looks Primed to Surge Against Bitcoin (BTC) as We Enter the New Year

A closely followed crypto analyst says that Ethereum (ETH) looks primed to surge against Bitcoin (BTC) as we enter the new year.

A popular crypto analyst is sharing his thoughts on what to expect from Ethereum (ETH) against Bitcoin (BTC) in the coming year.

In a new video update, Benjamin Cowen tells his 848,000 YouTube subscribers that based on historical trends, ETH/BTC is due to bottom out against BTC in December or January.

“My guess? ETH stays weak against Bitcoin, probably for the rest of the year. It doesn’t mean you can’t have a green week – but it’s probably going to stay weak for the rest of the year, maybe early January, and then I would expect ETH/BTC to start moving up in 2025, regardless of the direction of BTC/USD.”

Cowen also notes that based on previous market cycles, 2025 is shaping up to be a good year for ETH/BTC in terms of quarterly returns.

“2022 Q1 and Q2 were red, then you had Q3 and Q4 [that] were green. The only other quarter that ETH/BTC has been green besides the second half of 2022 for the last three years was Q2 2024…

But what do you notice about 2021? ETH/BTC was green. What do you notice about 2017? At least ETH/BTC was green in the first half, it was red in the second half but then it was green in 2018 as well.

So I would argue as quarterly returns go, you’re probably going to see more green for ETH/BTC in 2025 and maybe even early 2026.”

At the time of writing, ETH/BTC is valued at 0.03444 ($3,343.71).