📉 Ethereum is heading for its sixth consecutive month of decline.
ETH is on track to close its sixth consecutive monthly candle in the red. 📉
Even more significantly, 11 of the last 14 months have seen negative closes… This is considered one of the weakest periods in the history of the second-largest cryptocurrency.
📊 This performance indicates continued downward pressure on Ethereum compared to other assets, and current momentum is not in its favor in the medium term.
ETH
1,947.3
+0.10%