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BEARISH 📉 : Ethereum faces possible fifth consecutive month of losses
The price of Ethereum is continuing its downward trend, marking four consecutive months of losses in 2025. January 2026 is also on track to close in the red, potentially making it the fifth consecutive month of decline.
- On-chain data indicates Ethereum has seen more months of decline than growth throughout 2025.
- Notably, Ethereum's price fell by 22.2% in November 2025 and continued with smaller declines in December and January.
- As of now, Ethereum is trading above $2,900, reflecting a 5.95% weekly decline.
Historically, the last time Ethereum closed five consecutive months in the red was in 2018, leading to prolonged bearish sentiment. February has often been a bullish month, but past patterns do not guarantee future performance.

The current downtrend poses uncertainty for potential recovery, as Ethereum would need a significant increase in bullish momentum to reverse the ongoing trend.