[Analysis] "Ethereum Already Down 23%... Possibility of 'Worst February'"

JOON HYOUNG LEE

Summary

On-chain analysis platform Spot On Chain mentioned the possibility of Ethereum falling below $2,400 and warned of the 'worst February.'
February has historically been a bull market for Ethereum, but this year it has already fallen by 23%, raising the possibility of becoming a new exception case.
Macroeconomic uncertainties, especially the new tariff policies of Trump's second administration, are adding additional pressure, according to the report.

There are forecasts that Ethereum (ETH) could fall below $2,400 this month.

On-chain analysis platform Spot On Chain announced on the 25th through its official X (Twitter) account, "Ethereum could face its worst February if it falls below $2,400."

Spot On Chain stated, "February has historically been a bullish period for Ethereum," adding, "Bearish trends only occurred in 2018, but this year it has already fallen by 23%, increasing the possibility of becoming another exception." They further added, "Macroeconomic uncertainties, including the new tariff policies of Trump's second administration, are adding additional pressure."

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