The price of Ethereum has decreased for 4 consecutive months, which is very rare.
ETH closed with four consecutive bearish lines from January to April. To be honest, this type of trend has rarely been seen in history. Even during the bear market in 2018 and the FTX period in 2022, the market did not continue to decline for four consecutive months like this.
But this wave is different from previous waves. It is not a sharp decline, but rather a typical "bearish" market. It is not urgent or impatient, but there aren't many people taking it seriously and funds are not very interested. It seems as if market expectations and interest in ETH have slowed down somewhat.
🔹 The ETH/BTC exchange rate has also been weak, indicating that it is relatively more hesitant than the broader market. $ETH
