ETH closing three consecutive quarters in red represents a concerning technical breakdown that could extend losses further
Too little corroboration in the last 3 days to call a trend (3 articles). Watching for it to gain traction.
Mainstream financial press is carrying this — attention has broadened beyond specialist outlets.
"Analyst Ted Pillows noted that ETH closed three consecutive quarters in the red for the first time in its history, meaning the downtrend may need stronger catalysts to break."
"Three consecutive quarterly losses, a 64% drawdown from the $4,953 all time high, and a Fear and Greed reading near 22 sit underneath the institutional optimism. The return from $1,763 to a new all time high requires more than a 170% move."
"ETH is also about to close the third straight quarter in the red for the first time, which has also fueled concerns among traders. Meanwhile, ETH price has continued to struggle to break through the $1,600 mark."