Ethereum Faces Potential Record Decline In February

According to Foresight News, analysis by Spot On Chain indicates that if Ethereum (ETH) falls below $2,400, it could mark its worst February performance on record. Historically, February has been a positive month for ETH, with only one decline in 2018, when it dropped by 24%. Currently, ETH has already decreased by 23% this month, potentially making it the second February in history to experience a decline. The market is under additional pressure due to macroeconomic uncertainties, including new tariff policies introduced by U.S. President Donald Trump's administration.