In Q1 2025, Ethereum experienced three consecutive monthly losses for the first time in ten years, resulting in a 47.63% drop. This performance starkly contrasts with its historical average of +30.22% gains, raising uncertainty about future recovery.

The aggressive selling has significantly undermined buyer confidence, with ETH’s price fluctuating around $1,900. Despite being near oversold levels, indicators show no clear signs of bullish momentum or recovery.