Historically, the price of Ethereum has been very high in the first quarter of the year, with few exceptions, and March was no different from the first two months of the year. Therefore, as the market begins another month of March, this report looks at Ethereum’s performance this month and if this historical performance can indicate where the second largest cryptocurrency by market cap could be headed.
Ethereum is on a high for the month, but there is a “but”.
According to historical data from the CryptoRank website, March was one of the strongest in history. Since its inception in 2015, only January and May have surpassed March in terms of average revenue.
Looking at the number of years that March has ended in green, only January and February can match it. Simply put, March has historically been one of the best months for investors holding ETH. In that case, there is a high probability that this month will end in green.
As the website shows, in the last 10 years, there have only been three years when March ended in the red for Ethereum. Taking into account the monthly return, it reaches an average of 23.7% for Ethereum in March.
However, due to the fact that the first three months of the year often overlap, shortcomings occur. Only a few years have been deviations, and given the trend that 2026 has started with, the price of Ethereum could be in trouble.
Despite higher average returns, January and February 2026 both ended in the red. The former saw a 17.7% decline, while the latter saw a 19.6% fall. If this trend continues as it has historically, then the odds of March ending in the red have only increased.
While it is too early to say where the price will end up, there is already a lot of uncertainty. This is because ETH has continued to touch the $2,000 level and shows no signs that a move higher is imminent. If it survives the months of January and February, then the price of Ethereum could be looking at a double crash.
Featured image from Dall.E, chart from TradingView.com
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