Ethereum's Recent Surge May Lead to Short-Term Correction, Analyst Suggests

According to PANews, CryptoQuant analyst Crypto Dan has indicated that Ethereum's recent significant price increase might result in a short-term correction. However, he anticipates that the extent and duration of this correction will not be substantial. He compared the current market situation to the overheated periods of March and November 2024, noting that the market is not at a high point now. Despite Ethereum's slower performance in this cycle, it has previously rebounded from its lowest point and may continue to rise in the latter half of 2025. Additionally, he mentioned that Ethereum's upward movement often influences the performance of other cryptocurrencies, suggesting that investors should monitor the market's subsequent trends.