Ethereum just closed an incredible quarter.
$ETH gained around 70.9% in Q3, making it the strongest Q3 performance in its history and its best quarter since Q1 2021.
But there’s something traders shouldn't ignore.
ETH started Q3 around $1,570 after two ugly quarters:
📉 Q1: around -29%
📉 Q2: around -25%
🚀 Q3: around +70.9%
So yes, the recovery was massive.
But part of that move was also a recovery from a deeply depressed starting point.
And now Q4 begins. 👀
The big question isn't:
“Can ETH pump?”
It already showed that it can.
The question is whether new demand can keep coming in after such a huge rebound.
U.S. spot ETH ETFs returned to net inflows during Q3, with roughly $3.1B of inflows reported for the quarter.
At the same time, traders are watching macro conditions, ETF flows, ETH/BTC strength and the $2,700 area as Q4 gets underway. Binance Square discussions are heavily focused on whether ETH can turn this Q3 momentum into another sustained move.
For me, these are the things to watch:
🔹
$ETH — Can momentum continue?
🔹 $BTC — Can the broader market support ETH?
🔹 ETH ETFs — Is institutional demand still growing?
🔹 $2.7K area — Can ETH hold above this key zone?
Q3 proved that
$ETH can recover aggressively.
Now Q4 has to prove whether this is the beginning of a bigger trend or simply a powerful rebound.
I'm watching
$ETH closely. 👀🔥
#ethergains70.9%inq3 #Ethereum #ETHETF #CryptoMarket