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CryptoMedium•2 March 2026•

1 min read

Ethereum Nears Longest Losing Streak Since 2018 Despite Record Network Usage

A dramatic image showing a red downward trend line, a cracked cube with a Bitcoin symbol, and 'SYSTEM FAILURE -99%'. Debris, circuit boards, and broken crypto coins are scattered.

Key Facts

1Ethereum is nearing its longest consecutive monthly losing streak since the 2018 crypto winter.

Ethereum (ETH) is facing significant downward pressure, nearing its longest consecutive monthly losing streak since the 2018 crypto winter. The digital asset has posted six straight monthly declines since September 2025, resulting in a 60% price drawdown from its all-time high. After peaking at a record $4,953 in August 2025, the price of ETH has plummeted to levels below the $2,000 mark. This sustained sell-off highlights a stark divergence between the token's market price and its network utility, which remains at record highs. Market analysts suggest that broader negative sentiment or a massive correction from the 2025 peaks is driving the current bearish momentum. The ongoing trend raises concerns among investors as the market tests whether fundamental strength can eventually decouple from the prevailing price weakness.