Crypto analytics firm Matrixport has expressed a cautious outlook for Ethereum and other altcoins, stating that Ethereum's recent price rally is temporary and has limited potential for sustained recovery. The firm highlights Bitcoin's dominance in the market, with its rising dominance rate, while Ethereum's dominance has been steadily decreasing since the launch of ETH ETFs in 2024. The lack of positive catalysts for Ethereum's price recovery has led to increased investor caution, and Matrixport suggests that investors may need to take a patient approach and see potential growth opportunities for ETH in 2025.



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