March was not kind to Ethereum, causing an 18% drop in its value. Traders were shocked by ETH's worst Q1 performance ever. However, April started off strong with a 3% increase on the first day, sparking optimism among bulls. Historically, April and May have been favorable months for Ethereum, with average returns of around 20% in April and 30% in May. Many traders are viewing this as an opportunity to buy low after a tough quarter and ride the seasonal wave for profit. Ethereum analyst Ash Crypto predicts a potential breakout, suggesting ETH could surpass $3,000 by the end of May, leading to a strong reversal and possibly triggering a broader rally. The upcoming weeks will be crucial as Ethereum aims to reverse its Q1 slide and potentially lead the altcoin market.