According to analysts at Bitfinex, Ethereum (ETH) has historically performed well during the fourth quarter, while the broader altcoin market has shown mixed results. The first quarter has generally been the most favorable period for both ETH and altcoins, while the second quarter has occasionally produced strong gains. However, analysts caution that historical data for ETH and altcoins is limited compared to Bitcoin. Despite this, there is optimism for ETH in the futures market, as its open interest-weighted funding rate has been trending positive since late July, indicating confidence in its future despite market volatility.
- Content Editor ( en.bitcoinsistemi.com )
- 2024-10-02
How Is The Fourth Quarter Historically For Ethereum And Altcoins? Analysts Explained