Analysis: Based on historical data, ETH may see an uptrend in February and March

Odaily News Futures trader CoinMamba wrote on X that according to Coingecko data, ETH has fallen 6.7% so far this month, from a high of $3,400 on January 1 to an intraday low of $3,170 on January 27. However, based on historical data, ETH tends to rise in February and March.
According to CoinGlass data, ETH has only fallen in February once in the past year, that is, in 2018, when ETH rose 50% in January. It added: "Overall, February and March are very bullish months for ETH."
For the past six consecutive years, ETH has been on an upward trend in February, with the largest increase occurring in 2024, when ETH rose from $2,280 to $3,380 at the end of the month, an increase of more than 46%. Historically, March is also a good month for ETH. In the past nine years, ETH has risen in March seven years, and in April for six consecutive years.