
Historically, Ethereum price has been very strong in the first quarter of the year, with a few exceptions, and March was no different from the first two months of the year. So, as the markets head into another March, this report takes a look at Ethereum’s performance this month and whether these historical performances point to where the second-largest cryptocurrency by market capitalization could be headed.
Ethereum is having a bullish month, but there is a ‘but’.
March was one of the most optimistic months in history, according to historical data from the CryptoRank website. Since its launch in 2015, only January and May have seen average returns exceed March.
Looking at the number of years in which March ended in green, only January and February can match. Simply put, March has historically been one of the best months for investors holding ETH. If so, there is a high probability that this month will end in green.
As you can see on the website, in the last 10 years, there have only been 3 years in which March ended in the red for Ethereum. Considering monthly returns, the average return on Ethereum in March is 23.7%.

However, there is a problem because the first three months of the year are often moving consecutively. Given the deviations of just a few years and the trend starting in 2026, the price of Ethereum could be problematic.
Despite high average returns, both January and February 2026 ended in the red. The former fell 17.7%, and the latter fell 19.6%. If this trend continues historically, the likelihood that March will end in deficit has increased.
It’s too early to tell where prices will end up, but there’s already a lot of uncertainty. This is because ETH continues to hover around the $2,000 level with no signs that an upward move is imminent. After January and February, the price of Ethereum may record double-digit plunges.
Featured image by Dall.E, chart by TradingView.com

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