Ethereum (ETH) Has a Strong Track Record of Gains in the First Quarter of the Year

Historical data indicates that ETH often sees significant price increases at the beginning of each year, and this trend could continue in 2025.

Historical data indicates that Ether (ETH) often sees significant price increases at the beginning of each year, and this trend could continue in 2025. Factors such as rising accumulation levels and increased capital flow into spot Ethereum exchange-traded funds (ETFs) suggest that ETH may be poised for another Q1 rally.

ETH has a strong track record of gains in the first quarter of the year. Historical data indicates that ETH often sees significant price increases at the beginning of each year. For instance, ETH gained 68.68% in Q1 2024, 71.77% in Q1 2023, 103.17% in Q1 2021, and a massive 539.96% in Q1 2013.

However, it’s also important to note that the first quarters of 2022, 220, 2018, 2016, 2015, and 2014 were bearish.

The second and fourth quarters have also been historically bullish for ETH, with the cryptocurrency surging 47.28% in Q4 2024.

ETH Accumulation on the Rise

The ETH balance on accumulation addresses has been steadily increasing as investors buy the recent dip in the cryptocurrency’s price. Over the past two weeks, Ether has dropped 14% and reached a low of $3,100 in December. It is currently trading at $3,417.29, down 30.17% from its all-time high of $4,891.70.

Meanwhile, data from IntoTheBlock shows that the total percentage of long-term ETH holders has grown from 59% in January to 75% by the end of 2024. This suggests that demand for Ether is increasing, and investors may see a move towards $4,000 in the near future, alongside Donald Trump as the new president.

ETH Price Analysis

ETH currently has a dominance of 12.5% and a market cap of $410 billion. Furthermore, according to SoSoValue data, the digital asset’s spot ETFs recorded $47.77 million in inflows on Friday, bringing the cumulative total net inflow for spot ETH ETFs to a substantial $2.68 billion.

The Relative Strength Index (RSI) for ETH is currently at 55.08, indicating that bulls remain in control of the cryptocurrency’s price action. The gradient of the line suggests that ETH bulls could soon attempt to break through the $4,000 price level.

The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.