\n<\/p>\n
\n\t\t\t\t\t\t\t\t\tData shows that the average returns following major one-day ETH rallies reached nearly 60% after 180 days.\t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n
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.<\/p>\n
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.<\/p>\n
Coutts published<\/a> 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\u2019s 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.<\/p>\n The biggest on record is still May 2021\u2019s 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.<\/p>\n 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.<\/p>\n Coutts summed it up on X, saying the numbers show odds that \u201cskew meaningfully higher over the next 3 to 6 months.\u201d<\/p>\n At the time of writing, ETH was trading near $2,280 after going past $2,300 during the last 24-hour period. CoinGecko data shows a nearly 18% daily gain, an almost 19% rise over seven days, and a just about 17% increase over 30 days. Its 24-hour trading volume has climbed to about $32 billion, up 439% from the previous day.<\/p>\n That move also puts ETH well ahead of Bitcoin over the same period. BTC gained about 9% in 24 hours and slightly more than that in seven days, with Ethereum\u2019s stronger performance lifting the ETH\/BTC ratio by about 9% over the latest 24-hour period.<\/p>\n Meanwhile, the buying pressure was unusually large, as noted<\/a> by CryptoQuant contributor MorenoDV_, who reported that ETH taker-buy volume reached $2.55 billion in one hour on August 19, the third-highest reading since February 7. However, the figure does not distinguish between new long positions and short positions being closed.<\/p>\n Sykodelic wrote<\/a> on August 20 that ETH had moved back above its 200-day simple moving average before Bitcoin. The trader had also earlier identified the $2,400 area as the next major range level.<\/p>\n The wider rally came after the August 19 White House crypto meeting, where President Donald Trump pushed<\/a> Congress to advance the CLARITY Act, leading to Bitcoin spiking toward $70,000.<\/p>\n The SEC\u2019s August 18 crypto fundraising proposal<\/a> added another policy catalyst. It includes exemptions for offerings of up to $5 million over four years or $75 million over 12 months, alongside a conditional safe harbor for certain tokens.<\/p>\nYou may also like:<\/h3>\n
Technical Recovery Meets a Broader Crypto Policy Rally<\/h2>\n