Analyst Warns: Altcoins will bleed against Ethereum, ETH ready to set a new record?

Jakarta, Pintu News – The crypto market is entering an interesting phase in mid-2025. Leading analyst Benjamin Cowen has made another sharp prediction, saying altcoins have the potential to continue to “bleed” against Ethereum (ETH) in the next few months. With ETH getting closer to important resistance levels, will Ethereum finally score a new all-time high and shift the dominance of other altcoins this cycle?

Benjamin Cowen’s Prediction: Altcoins Threatened to Bleed into Ethereum

Benjamin Cowen, an analyst known for his keen read on crypto cycles, stated that altcoins have collectively fallen 40% against Ethereum (ETH) since ETH hit “home” on its historical trend line. Cowen warned that when altcoins are weakening against ETH, it is better to focus on ETH rather than other alternative assets.

He also emphasized, “Now we are entering the phase of ‘your altcoin is rising, but its value is still falling compared to ETH’. This pattern is common in crypto cycles.” Cowen suggests moving to stronger performing assets if this trend continues. Capital rotation from altcoins to Ethereum is the main theme dominating the market right now.

Also Read: 6 Top Crypto Movers 24 Hours July 23, 2025: Some skyrocketed, some heavily discounted!

Cyclical Phase: From Bitcoin (BTC), Ethereum (ETH), to Altcoins

Cowen explains that each crypto cycle has a typical rotation pattern. At the start of a bullrun, Bitcoin (BTC) usually leads the rally, followed by Ethereum (ETH) taking over when altcoins start to lose momentum. Only after Ethereum sets a new record does the wave of capital rotation to altcoins really begin.

Currently, Cowen sees ETH as being in a strong position after successfully recovering from a drop to the $1,550 area (around Rp25,250,050 at an exchange rate of 1 USD = Rp16,291) last April. At the time of writing, ETH is at $3,725 (approx. IDR60,677,475), with major resistance at $4,000 (IDR65,164,000) which, if broken, could see ETH set a new record price.

Is Ethereum (ETH) About to Hit an All-Time High?

According to Cowen, if Ethereum manages to cross the $4,000 resistance level, the opportunity for a rally to an all-time high is very open. He mentioned, “When ETH reaches $4,000 next, it is likely that this time it will actually break out and print a new high.” Cowen even predicts a major rally could happen in the second half of 2025 if macro trends and capital flows remain favorable.

Market sentiment is now leaning towards Ethereum, especially with the support of the increasingly mature DeFi and NFT ecosystems. If Bitcoin (BTC) remains stable, ETH has the opportunity to lead the altcoin market before capital rotation returns to smaller-cap assets.

Signals for Traders: Favor ETH, Be Wary of Altcoins

For those of you who are active in crypto, Cowen suggests paying attention to capital rotation signals between altcoins, ETH, and BTC. If altcoins start to “bleed” against ETH, it is better to position the portfolio to ETH rather than chasing altcoins with high volatility. Such a phase could be an opportunity for ETH accumulation before the next possible altseason.

Traders and investors should be aware of potential corrections in altcoins that are already overvalued relative to ETH. Understanding this rotation pattern is important to keep assets optimized amidst the dynamics of the crypto cycle.

Risks and Important Notes

Although the outlook for ETH is quite positive, there is always a risk of a sudden correction if market sentiment worsens or there is heavy profit-taking. Cowen himself warns that this prediction is not investment advice, and the decision to buy or sell crypto assets should still be based on personal research and careful risk management.

On the other hand, if ETH does break $4,000 and reach an all-time high, the wave of capital rotation to altcoins could happen faster than expected. The crypto cycle is always full of surprises, so keep a backup strategy ready.

Conclusion

Benjamin Cowen’s prediction reinforces the narrative that Ethereum (ETH) is preparing to become the next market leader. Altcoins are predicted to still experience pressure on ETH, and the opportunity for ETH to set a new price record is wide open if key resistance can be broken. For those of you who invest, pay close attention to the capital rotation pattern and prepare an adaptive strategy.

Also Read: 5 Cryptos with the Highest Gains at the Market Door on July 23, 2025-Anything Over 24% in a Day!

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• DailyHodl. Analyst Benjamin Cowen Issues Altcoin Warning, Predicts Alts Will Now ‘Bleed’ Against Ethereum. Accessed July 23, 2025.