Ethereum Nears First-Ever Three Straight Red Quarters as Bullish Signs Emerge

Ethereum (ETH) is on track to post three consecutive quarterly declines for the first time, with about two weeks left before the quarter closes. ETH fell 28.28% in Q4 2025 and 29.26% in Q1 2026 and is down 18.4% this quarter, according to BeInCrypto, citing Coinglass data. Risk assets strengthened on reports of a US-Iran peace agreement, lifting total crypto market cap 2% in 24 hours; ETH rose 2.6% to trade above $1,700. Analyst Ardi pointed to bullish technical signals but warned downside risk remains, while staking topped 39.5 million ETH across more than 887,000 validators.