$ETH has recorded the historical performance from the past 9 years (2016 - 2024) during weeks 49 to 52.
Compared to the data of Bitcoin (BTC) just mentioned, Ethereum has exhibited a completely different characteristic in its year-end performance, with greater volatility and significant differences in pace.
The trend in week 49 reverses the recent strong observations to see if the rise continues into 23/24, if so it presents a right-side opportunity.
The risk of a sharp drop in week 50 is weaker than the high-risk warning for BTC. The decline of ETH is usually deeper than that of BTC, making it suitable for shorts or hedging.
In week 51, a rebound synchronizes with the Christmas market, and both have high winning rates, making it suitable for going long.
In week 52, the strength is stronger than the critical divergence point for BTC.
Historical data shows that BTC tends to correct, while ETH tends to shift from decline to rise or make up for the drop. One can consider going long on ETH / shorting BTC as a strategic exchange rate.
For Ethereum, be particularly cautious of the pullback risk in week 50 (mid-December), as the historical median drop of -5% can be fatal for contract traders. However, if you can endure this week, the historical winning rate for the last two weeks of the year (weeks 51-52) is very high.
