Ethereum Is Majorly Bullish in March: Will 2023 Follow Suit?
The initial few months of any year have historically been good for Ethereum. In February, the largest altcoin has had only one rough instance since 2017. Barring a couple of exceptions in January, March, and April, ETH investors have fetched positive returns on their investments in these months as well. March 2017 has been the best month so far for Ethereum. Its price soared by more than 214%. In all other March cases, the returns have been limited to less than 35%. As far as this year is concerned, ETH rallied by more than 32% in January. Per the thumb rule, it cooled down and consolidated in February and registered a mere 1.2% upward deviation. So, with bulls well-rested now, some kind of action can be expected this month from Ethereum. Source: Coinglass Also read: Ethereum’s ‘Sepolia Shapella’ Upgrade Successfully Executed March will also decide Ethereum’s quarterly returns. At the moment, Q1 2023’s returns stand in the green at 38%, putting ETH in a much be...