Ethereum rose another 70.8% in Q3, with roughly 70% gains recorded in both consecutive years’ Q3.

Looking at CoinGlass’s quarterly earnings table: since 2016, there have been 10 Q3s in total—5 up and 5 down. In both 2018 and 2022, Q3 had fallen by more than 40% within a single quarter. This year’s +70.8% is the second-strongest Q3 in the past decade, exceeded only by 2021.

Seasonality has never been a script—only a historical distribution chart. What matters now is whether Q4 can hold up, because over the past ten years, Q4 has also been a 50/50 coin flip. $ETH

#以太坊 #季度收益 #Market cycle