Benjamin Cowen, a leading crypto expert, has argued that Ethereum is not yet ready to realize its full potential.

Cowen examined Ethereum’s historical average monthly return on investment (ROI). His analysis suggests that the third quarter, the summer months, may not be the best time to accumulate or hold ETH. Instead, historical data suggests that the best periods to accumulate Ether are late in the fourth quarter or early in the first quarter.

The best times to invest in Ether

According to the analyst, the analysis of the one-year period indicates that, on average, December and January exhibit the most favorable conditions.

Cowen identified July as the most unfavorable month. While evaluating the issue, he emphasized that it would be useful to consider ETH’s position in July of the previous year. According to the analyst, the current price is not significantly different from the price seen in the past. The change is in a range of a few hundred dollars, which is in line with the price recorded in July of the previous year. There is a noticeable decline in the return on investment (ROI) of purchases made in the April-July period, especially in the first year. But as we move into the fourth quarter, ROI tends to increase.

Cowen highlighted the seasonality associated with Ethereum, noting that investors who accumulate ETH towards December and January have historically seen better returns.