Historical data indicates that the Ethereum price could see significant gains in the first quarter of 2025. According to crypto analyst Kaduna, the second-largest cryptocurrency by market cap could potentially kick off the altcoin season at the beginning of the new year.
Historical Performance Indicates Potential for Ethereum Price
Data from CryptoRank suggests that Ethereum may experience positive monthly gains in the first quarter of 2025. This projection is based on past trends that show Ethereum had positive monthly closes in Q1 during the 2017 and 2021 bull markets, following the Bitcoin Halving. Given that the Halving event took place this year, 2025 is anticipated to mirror the patterns of 2017 and 2021.
In 2017, Ethereum saw gains of 34%, 47%, and 215% in January, February, and March, respectively. Similarly, in 2021, Ethereum recorded gains of 78%, 7%, and 35% in the first three months of the year. This historical data suggests that ETH could potentially achieve substantial gains in the first quarter of the upcoming year.
Building on this historical trend, Kaduna advised against being bearish on the Ethereum price and recommended holding onto ETH investments. The analyst projected that ETH would lead the altcoin season, potentially replicating the impressive performances seen in Q1 of 2017 and 2021.
This historical trend paints a bullish picture for the Ethereum price, which has underperformed compared to other major cryptocurrencies this year. With a modest year-to-date gain of around 47%, Ethereum has struggled to maintain levels above $4,000 and remains far from its current all-time high of $4,800.
It’s important to note that Ethereum reached its current all-time high in 2021. Therefore, if ETH mirrors its 2021 performance in 2025, it could potentially reach a new all-time high.
ETH’s Potential for Growth
Crypto analyst Ted expressed optimism regarding the Ethereum price, suggesting that ETH is poised for significant growth. He pointed to data indicating a strong first quarter for Ethereum in 2025. Ted highlighted the inverse relationship between ETH and BTC dominance during bull markets, with Bitcoin’s dominance expected to decline, paving the way for ETH to surge to new highs.
In line with this outlook, Ted boldly predicted that the Ethereum price could reach $10,000 in 2025. Another crypto analyst, Trader Tardigrade, also provided a positive forecast for Ethereum, indicating that ETH has completed a contracting triangle as a potential local bottom and could rebound towards $4,000.
At the time of writing, the Ethereum price hovers around $3,380, reflecting a slight decline in the past 24 hours according to data from CoinMarketCap.