Ethereum has kicked off 2023 positively with its price rising over the first two days. Historical trends suggest that this quarter could see Ethereum achieving substantial gains, possibly in the double or triple digits. This optimistic outlook is backed by seasonality data, which traditionally supports growth in Q1 for Ethereum.
Nonetheless, there are critical challenges that Ethereum needs to navigate to seize this opportunity. The success of ETH depends on overcoming several notable barriers in the cryptocurrency market, which could impede its potential surge.
