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📉 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
{spot}(ETHUSDT)