ETH’s Rare Double-Digit Surge Could Be Just the Beginning

Data shows that the average returns following major one-day ETH rallies reached nearly 60% after 180 days. Ethereum jumped roughly 20% in the past 24 hours, a move large enough to rank as the 8th-biggest single day for the token since January 2018. Historical data compiled by analyst Jamie Coutts suggests such moves have been unreliable over 30 days but have produced better results over three to six months. Where This Move Ranks, and What Tends to Happen Next Coutts published a table of every ETH day that gained 15% or more since 2018, sixteen of them completed and now trackable against what came after. Ethereum’s August 19 print landed at plus 18.5%, just behind an 18.8% day in November 2022 and ahead of a 17.5% day in December 2018. The biggest on record is still May 2021’s 24.5% single-day gain, which was followed by a rough month (down 25.3% in 30 days) before turning positive by 180 days (up 68%). That pattern repeats across the dataset. Of the sixteen completed cases, only 8 were higher 30 days later, but 10 were higher after 90 days, and 12 were higher after 180 days. Average returns climbed the same way: plus 20.6% at 90 days, plus 59.3% at 180 days. Coutts summed it up on ...