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 what’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.
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 wasn’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.
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.
At the moment, Ethereum is trading at $1,874, showing a 3.5% increase over the past 24 hours. While it’s still far from its recent high of $2,104, ETH is gaining momentum. The altcoin’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 April’s momentum starting to build, all eyes will be on Ethereum—here’s hoping it can turn its recent setbacks into a rally worth remembering.
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