The article discusses the historical performance of Ether (ETH) in the first quarter of each year and suggests that the trend of significant price increases could continue in 2025. Data from previous years shows that ETH has seen substantial gains in Q1, with increases ranging from 68.68% to 539.96%. However, it is also noted that some first quarters in the past were bearish. The article mentions that the recent dip in ETH's price has led to increased accumulation by investors, and the balance on accumulation addresses has been steadily rising. It is suggested that demand for Ether is increasing, and there may be a move towards the $4,000 price level in the near future. The article also mentions the inflow of capital into spot Ethereum ETFs, with a cumulative total net inflow of $2.68 billion. The Relative Strength Index (RSI) for ETH indicates that bulls remain in control, and there may be an attempt to break through the $4,000 level. However, the article includes a disclaimer stating that the information is for informational purposes only and does not constitute financial advice.
- Content Editor ( coinedition.com )
- 2024-12-30
Ethereum’s Historical Q1 Rally Point to Bullish 2025 Start