ETH Rockets 44% in 3 Days After 4-Month Slump, Eyes $3K Zone

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ETH1,14%

Ethereum surged 44.6% in three days and gained 33.95% in May, marking a strong comeback after a four-month bearish trend.

May’s historical average return of +30.59% and current 2025 performance signal strong seasonal patterns backing Ethereum’s bullish momentum.

Ethereum’s volatile price swings and past three-day rallies suggest caution near $2,800–$3,000 as potential short-term resistance forms.

As per Mister Crypto, Ethereum has made a powerful comeback. After four months of negative returns in early 2025, the asset posted a +33.95% gain in May. Besides this, Ethereum also recorded its strongest three-day gain since May 2021, jumping 44.6% to trade above $2,550. This rally mirrors previous historical spikes, often followed by a retest or correction. The market’s reaction signals renewed bullish sentiment, driven by historical seasonality and current price dynamics.

Historical Patterns Support a Bullish Thesis

Ethereum’s monthly returns show cyclical trends. Historically, May delivers the strongest average gains at +30.59%. May 2017 and May 2019 posted massive surges of +161.43% and +56.65%, respectively. Conversely, June tends to underperform with an average -7.44% return. June 2022 marked a steep -44.79% drop, reinforcing this negative trend.

Moreover, 2025 started with consistent bearish momentum. January through April closed in red, with February’s -31.95% drop standing out. May’s sharp reversal signals a possible shift in market structure. Additionally, 2024 data showed similar volatility, with notable gains in February (+46.28%) and November (+47.21%).

Technical Momentum and Volatility in Focus

Ethereum’s 44% gain over the past three days ranks among its most volatile periods since 2018 as per Cas Abbe. Similar three-day rallies in May 2019 and May 2021 triggered local tops within one to three weeks. Hence, traders should remain cautious of a near-term correction, especially around the $2,800 to $3,000 resistance zone.

Also, the long-term trajectory of Ethereum follows a trend of logarithmic growth. The asset climbed from 2019 lows of approximately $100 to an all-time high of $4,799 in November 2021. A ruthless 2022 correction saw prices dip below $2,000. However, 2023 recovery and sustained gains in 2024 saw a bullish framework reinstalled.

Volatility remains intrinsic to Ethereum’s price action. Daily changes often exceed ±5%, while three-day swings can surpass ±30%. These patterns reflect Ethereum’s evolving market maturity and persistent speculative interest.

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