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Ethereum seasonality: every month and weekday

Going by median return since 2017, Ethereum's best month has been July (+11.2%, higher in 5 of 9 years) and its worst September (−9.1%, higher in 4 of 10). Across all 110 full months, it finished higher 52% of the time.

A handful of years per month is a small sample. The “by luck” column says how easily a record like that would turn up if the month were no different from any other.

By month

MonthYearsHigherMedianAverageBestWorstBy luck
January95 of 9+0.1%+15.5%+78% (2021)−27% (2022)100%
February96 of 9+8.1%+4.0%+46% (2024)−32% (2025)51%
March96 of 9+7.2%−3.3%+35% (2021)−54% (2018)51%
April96 of 9+7.2%+17.6%+70% (2018)−17% (2024)51%
May95 of 9+0.2%+9.7%+66% (2019)−29% (2022)100%
June92 of 9−8.6%−11.6%+9% (2019)−45% (2022)9.8%
July95 of 9+11.2%+16.5%+57% (2022)−25% (2019)100%
August94 of 9−7.4%+1.6%+35% (2021)−35% (2018)75%
September104 of 10−9.1%−6.9%+9% (2026)−21% (2017)54%
October105 of 10+0.3%+3.7%+43% (2021)−16% (2026)100%
November95 of 9+8.0%+7.6%+60% (2020)−43% (2018)100%
December94 of 9−0.7%+7.1%+71% (2017)−21% (2021)75%

By weekday

Day (UTC)DaysHigherMedian daily moveAverage
Monday48252%+0.24%+0.32%
Tuesday48247%−0.21%−0.07%
Wednesday48251%+0.15%+0.40%
Thursday48245%−0.29%−0.41%
Friday48352%+0.13%+0.33%
Saturday48357%+0.23%+0.33%
Sunday48252%+0.12%+0.18%

A month's return runs from the open of its first daily candle to the close of its last (UTC). Only full months are counted. Daily moves are close to close.

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