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Historical data shows that ethereum price could enjoy huge gains in the first quarter of 2025. Based on this data, crypto analyst Kaduna predicted that the second-largest cryptocurrency by market capitalization could usher in <a target="_blank" href="https://bitcoinist.com/is-bitcoin-dominance-about-to-give-way-to-altseason-analysts-react/” rel=”nofollow”>altcoin season at the beginning of the new year.
Historical performance shows what to expect from ethereum price
<a target="_blank" href="https://cryptorank.io/price/ethereum” rel=”nofollow”>CryptoRank Data shows that ethereum price could enjoy positive monthly gains during the first quarter of 2025. This is based on historical trends showing that ethereum enjoyed green monthly closes in the first quarter of the 2017 and 2021 bull runs, the following years after the bitcoin halving. 2025 is expected to follow 2017 and 2021, as <a target="_blank" href="https://bitcoinist.com/bitcoin-bull-market-glassnode/” rel=”nofollow”>Halving Event happened this year.
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In 2017, ethereum price enjoyed gains of 34%, 47%, and 215% in January, February, and March, respectively. Meanwhile, in 2021, ethereum posted gains of 78%, 7%, and 35% in the first three months of the year. Therefore, eth could replicate such massive profits in the first quarter of next year.
Based on this historical trend, crypto analyst Kaduna suggested that this is not the time to be bearish on the price of ethereum as he advised market participants not to lose their bags of eth. The analyst added that eth will lead the altcoin seasonpossibly because it replicates the performances of the first quarter of 2017 and 2021 next year.
This historical trend provides a bullish outlook for the price of ethereum, which has underperformed this year compared to other major cryptocurrencies. ethereum has a meager year-to-date (YTD) gain of around 47%. Furthermore, the second-largest cryptocurrency has struggled to stay above the psychological level of $4,000 and has not gotten any closer to its current level. <a target="_blank" href="https://bitcoinist.com/ethereum-challenge-all-time-high-intotheblock-why/” rel=”nofollow”>all-time high (ATH) of $4,800.
However, it is worth mentioning that ethereum price reached its current ATH in 2021. As such, if eth replicates its 2021 run in 2025, then it could easily reach a new ATH.
eth's time will come
crypto analyst Ted provided a bullish outlook for ethereum price, stating that eth's time will soon come. The analyst cited other data showing that the first quarter of 2025 will be huge for ethereum. He noted that eth and <a target="_blank" href="https://bitcoinist.com/bitcoin-dominance-breakdown-confirmed-the-next-altseason-is-right-around-the-corner/” rel=”nofollow”>btc dominance move inversely during a bull run. Currently, bitcoin dominance is on the verge of a major drop, so Ted is confident that eth will soon reach new highs.
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In line with this, Ted boldly predicted that the price of ethereum will reach $10,000 in 2025. crypto analyst Trader Tardigrade also provided a bullish outlook for ethereum. He stated that the crypto has completed the contraction triangle as a local bottom. The attached chart showed that eth could rebound towards $4,000.
At the time of writing, ethereum price is trading around $3,380, down in the last 24 hours, according to <a target="_blank" href="https://coinmarketcap.com/currencies/ethereum/” rel=”nofollow”>data from CoinMarketCap.
Featured image created with Dall.E, chart from Tradingview.com
