Bitcoin and Ethereum are on track to close Q1 in the negative territory, facing their worst first quarter performance in years. Ether (ETH) has plummeted by 37.98% in Q1 2025, marking its worst decline since 2018, while Bitcoin (BTC) is down 6.49%, set to end the quarter on March 31 with its worst performance since 2020. Swyftx lead analyst Pav Hundal expressed skepticism about a significant rally by the end of the quarter. The crypto market may remain uncertain until mid-April due to the lack of clarity on US President Donald Trump’s tariff plans. Some experts predict a potential rally for Bitcoin in the coming weeks. Analysts expect Bitcoin to start a major surge around April 30, with a chance to hit all-time highs before June. Historically, Q1 has been strong for Ether and Bitcoin, with Ether averaging a 78.23% gain and Bitcoin a 51.62% return. Currently, Bitcoin is trading at $87,558 and Ether at $2,059, showing slight increases in the last 24 hours. The ETH/BTC ratio is at its lowest since May 2020. The overall crypto market has mirrored the decline of these top two cryptocurrencies, with a total market capitalization of $2.88 trillion. The market downturn in early February was influenced by unexpected macroeconomic factors, such as Trump’s policies and federal interest rate uncertainties. The Crypto Fear & Greed Index was neutral at 47 as of March 26. The market sentiment remains cautious as investors await further developments in the coming months.