Ethereum — Why So Many Red Monthly Closes?

$ETH showing 6 consecutive red months and 11 red months out of 14 signals a prolonged structural weakness — not just normal volatility.

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🔻 1) Capital Rotating to Bitcoin

• During uncertain markets, money flows to BTC first

• Ethereum is viewed as higher risk than Bitcoin

• Rising BTC dominance drains liquidity from ETH and alts

👉 ETH typically outperforms later in the cycle, not early.