The crypto world’s been buzzing lately, especially with the launch of a new Trump meme coin that’s exploded in value. But Ethereum (ETH), the “king of altcoins,” is lagging behind. What’s in store for ETH in the first few months of 2025?
ETH’s Q1 Track Record
A crypto analyst looked at Ethereum’s past performance in the first quarter of the year. Historically, ETH has killed it in Q1! Since 2017, its average return has been around 82%! The only exceptions were the starts of the 2018 and 2022 bear markets, where ETH saw significant drops. The best Q1 performance? A whopping 500% increase in 2017!
This strong Q1 performance often coincides with the final year of a four-year crypto cycle, and some believe 2025 might be that year for ETH. So, history suggests a potential upswing before March 2025.
Ethereum’s Current Situation
Right now, ETH is trading just below $3,300, down about 6% in the last 24 hours. To keep its Q1 winning streak alive, it needs to break through the $3,500 resistance level. It’s been consolidating below that level since mid-December. Will it happen? Only time will tell.