Ethereum faces risk of a third straight red quarter after Q4 2025 and Q1 2026

Ether is being watched for a rare milestone after posting a negative Q4 2025 and a losing Q1 2026, with Q2 now in progress and ETH up more than 11% so far this quarter. Exchange metrics and relative performance have added pressure, even as some point to institutional accumulation and ETF inflows as signs sentiment may be stabilizing.