Unlike Bitcoin, the price of Ethereum has struggled to hold up, and even after the crypto market recovers, the price remains below $4,000, which is a major psychological level. Given this, it appears that the cryptocurrency is poised to close October in the red, already losing almost 5% of its value this month. However, as the month of November passes quickly, Ethereum price could rebound as November has always been green for the market.
November May Hold the Key to Ethereum Price
Looking at the history Price data for Ethereum on the CryptoRank website, there appears to be a balance between years when the month was red and years when it was. Green. In a decade, there have been five years where the Ethereum price saw gains in November and five years where there were losses.
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However, there appears to be a rather bullish trend: years where the month was green saw double-digit gains, ultimately resulting in higher gains than losses. As a result, the average return for the month is 6.93%, and the median return, although low, also remains positive at 1.42%.
Since there is no clear trend to identify which direction the price is heading, bears and bulls appear to have equal opportunity. But if it turns out to be in the green, it is likely that the price of Ethereum will see a double-digit rise. Such a move would help it breach the $4,000 resistance with momentum.
The fourth quarter still has potential
Ethereum’s quarterly price returns haven’t exactly been the best of the last quarter of the year, but that hasn’t changed the fact that the altcoin tends to perform well overall. There is also the trend of a Q4 ending in the green if the previous Q2 and Q3 were in the green, which is currently the case.
In the second quarter of 2025, the Ethereum price finished with an average positive return of 36.5% and in the third quarter it followed with a return of 66.7%, the highest so far. With a trend at its lowest in October, we have already seen a drop of 4.83% this year, but with more than 2 months to go, there is still time for things to change.
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Only one year in history, the price of Ethereum closed the fourth quarter in the red after the second and third quarters ended in the green, and that was nine years ago in 2016. Since then, the trend has always seen the price of ETH continue to rise. This was the case in 2017, then again in 2020 and 2021.
Since then, this trend has not repeated, and 2025 is the first time in four years that the price of Ethereum has finished the second and third quarters in the green. If the historical performance If so, the price of Ethereum could see an average increase of 50%, or even double, as it did in 2017 and 2020, before the end of the year.
Featured image of Dall.E, chart by TradingView.com
