Ethereum's market dominance is diminishing, and analysts believe that a more favorable market environment may not occur until 2025.

Despite the launch of the Ethereum ETF in early summer 2024, which attracted significant capital inflows, the cryptocurrency has struggled to reverse its downward trend.

Market experts suggest that the potential for Ethereum and other altcoins to rebound is limited, making it difficult to establish sustained upward movement.

Currently, Bitcoin maintains a strong hold on market dominance, and the overall market lacks positive news to support a recovery.

Investors in Ethereum may need to be patient as they wait for improved market conditions, with expectations for new growth opportunities emerging in 2025.