Analytics : #Ethereum Closes Q1 2026 down - 32%👇
The "resilience" of March masks a brutal quarter. Here's what actually happened:
AI sector meltdown in Feb → $ETH dumped as a "tech proxy"
$5.4B+ in leveraged longs liquidated — cascade from $3,000 → $1,473
L2 migration killed fee burn → $ETH quietly turned inflationary again
Iran–Hormuz oil shock → stagflation fears, risk-off wave hit crypto hard
Capital rotated into gold & oil — not crypto
Network hit all-time highs in activity. Price didn't care.
Q1 High - $3,385
Q1 Low - $1,760