The cryptocurrency market continues to spark significant attention as Ethereum (ETH) showcases a promising recovery, setting the stage for the much-anticipated Altseason 2025. With Ethereum’s price recently rebounding from a multi-year support level of $2,850, crypto enthusiasts and traders alike are eyeing this large-cap altcoin for its bullish potential.
Ethereum’s Price Reversal: A Bullish Rebound
On November 24, 2025, Ethereum surged over 5%, trading at approximately $2,922 during the mid-North American session. This recovery followed a challenging market downturn, giving traders renewed hope. Analysts identify the retesting of a crucial $2,850 support level as a pivotal moment, showcasing Ethereum’s ability to bounce back strongly.
Market experts have set ambitious short-term price targets for Ethereum, with $3,968 and $4,758 being critical thresholds for its next rally. If Ethereum breaks these levels, it could mark the path towards a new all-time high.
A Declining Supply Sparks Optimism
Fresh market data from CoinGlass reveals a substantial decline in Ethereum reserves on centralized exchanges (CEXes) since August 2025. Historically, dwindling ETH supply on trading platforms correlates with an asset’s price appreciation. This data aligns with Ethereum’s renewed momentum, suggesting an optimistic future for traders and investors.
Adding strength to the bullish thesis is the recent decrease in Bitcoin dominance, which has dropped from 61% at the start of November to 58%. This shift has boosted expectations for a new wave of interest in altcoins, firmly dubbed as Altseason 2025.
Global Liquidity Surge and the Fed’s Impact
Ethereum’s bullish outlook extends beyond technical analyses, with macroeconomic factors playing a significant role. The United States Federal Reserve has announced it will initiate a new round of Quantitative Easing (QE) on December 1, 2025, injecting liquidity into global markets. This policy shift could fuel further demand for cryptocurrencies like Ethereum, amplifying their upward trajectory.
Additionally, traders on platforms like Polymarket are predicting a 25 basis point rate cut by the Fed in December. Such monetary easing could further embolden cryptocurrency markets, fostering an environment conducive to growth.
Take Action: Ride the Ethereum Wave
For those looking to capitalize on Ethereum’s growth, it’s prudent to stay informed and consider diversifying portfolios. A great way to support your trading and analysis journey is by using tools like the Ledger Nano X, a trusted hardware wallet that safely stores your digital assets. Learn more about securing your crypto investments by visiting Ledger’s official website.
Final Thoughts
The Ethereum market is poised to deliver exciting opportunities as it continues its bullish momentum. With key technical, supply, and macroeconomic indicators signaling growth, now may be the time for traders and holders to prepare for the upcoming Altseason 2025.
