News
  • Mustafa Mulla
    author-profile

    Mustafa Mulla right arrow

    Author

    Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

    • author twitter
    • linkedin

  • 2 minutes read

Ethereum Price Trends Show April-May Bull Run: $3000 Breakout Soon?

  • currency-symbol ETH $ 1,869.56 (-0.89%) top looser
Story Highlights
  • Historically, April and May bring 20-30% gains, boosting Ethereumโ€™s market momentum.

  • ETH experienced its worst Q1 ever, with all three months seeing losses.

  • Crypto analyst Ash Crypto predicts Ethereum could break $3,000 if trends continue.

Ethereum (ETH), the biggest altcoin in the crypto market, has a fascinating track record of strong performances in April and May, often seeing gains of 20% to 30% in just one month. But whatโ€™s behind this seasonal rise? Is it just a pattern, or are there bigger forces at play this year?

With ETH already up by 3% on the first day of April, many are wondering if 2025 will continue the trend. If history holds true, we could see Ethereum climbing above $3,000 by May.

Keep reading to find out why this year might be different.

Worst Q1 For ETH Since Existence

Despite a positive start to April, the first quarter of 2025 was challenging for Ethereum. ETH ended Q1 in the red, marking one of its toughest quarters ever. January saw a small decline of 1.28%, but the real setback came in February, with a sharp drop of 31.95%. March wasnโ€™t any better, as Ethereum lost another 18.69%. This was the first time in history that ETH faced losses in all three months of the first quarter.

The Historical Trend of Recovery

While the first quarter was difficult, Ethereum has historically bounced back strongly after tough periods. As April begins, many traders are hopeful that ETH will follow its usual seasonal pattern of significant gains.

Over the years, Ethereum has averaged a 20% return in April, making it the second-best month for ETH. May has been even more impressive, with an average return of over 30%.

Crypto analyst Ash Crypto suggests that Ethereum’s historical performance points to a potential breakout. If past trends hold, ETH could exceed the $3,000 mark by May, creating an opportunity for investors to take advantage of the current price dip.

Ethereumโ€™s Current Market Position

At the moment, Ethereum is trading at $1,874, showing a 3.5% increase over the past 24 hours. While itโ€™s still far from its recent high of $2,104, ETH is gaining momentum. The altcoinโ€™s market cap is around $225 billion, with a 24-hour trading volume of $15.23 billion, showing that there is strong interest from both traders and investors.

As Ethereum enters its historically bullish period, the next few weeks could be crucial. While the outcome is uncertain, traders will be closely watching to see how the altcoin performs in the coming weeks.

With Aprilโ€™s momentum starting to build, all eyes will be on Ethereumโ€”hereโ€™s hoping it can turn its recent setbacks into a rally worth remembering.

Show More

Related Articles

Back to top button