According to CoinMeta, analyst Joao Wedson pointed out that Ethereum's performance during the U.S. presidential elections and inauguration ceremonies varied. In 2016 during Trump's election, Ethereum fell; in 2017 during Trump's inauguration, it turned bullish. In 2020 during Biden's election, it rose; in 2021 during Biden's inauguration, it continued to rise; in 2024 during Trump's election, it rose again; however, in 2025 during Trump's inauguration, it saw a significant decline. Nevertheless, the most pronounced historical pattern is observed during U.S. mid-term elections: in both 2018 and 2022, Ethereum declined during these mid-term elections, and the same trend has continued since the 2026 mid-term election cycle. Although the reaction to presidential elections varies, each mid-term election cycle has had a bearish impact on Ethereum. History does not repeat itself exactly, but political cycles, liquidity, and market sentiment often provide important clues.