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What to Expect from Ethereum in January: Investors Should Keep an Eye on This Factor! - Coin Bulletin
Markus Thielen, a leading figure in the cryptocurrency sector, made predictions for Ethereum in January and 2025.
Markus Thielen, the founder of 10x Research, painted a cautious picture of Ethereum and the overall cryptocurrency market. Thielen predicted that Ethereum may not reach a new peak in 2025 and its performance may be limited.
He also argued that there would be no significant movement in the rock in January. He explained this as the decreasing liquidity support and FED's hawkish macroeconomic policies.
According to Thielen's projections, the Federal Reserve's cuts to interest rates for 2025 from five to two and the federal funds rate remaining at %3.9 instead of %3.4 created a negative environment for risky assets.
Whether Ethereum will perform strongly in the first quarter of 2025 will depend on market conditions and regulatory developments. It is critical for investors to closely monitor these dynamics.
According to CoinGecko data, Ethereum, which has shown a 0.2% increase in the last 24 hours, is currently trading at $3,395.