Ethereum Stares Down Record Three-Quarter Decline

Ethereum is on track to record its first-ever three consecutive losing quarters, a historic milestone that highlights ongoing pressure across digital assets. The second-largest cryptocurrency by market capitalization has been struggling to regain momentum since late 2025, with persistent selling pressure pushing quarterly returns into negative territory.

At the time of writing, Ethereum is trading around $1,725, down from levels above $2,400 earlier this year. Despite several recovery attempts throughout the year, price action remains weak, and ETH has struggled to reclaim key resistance zones.

The blockchain's strong network fundamentals remain intact, with significant staking participation reducing circulating supply and supporting network security. However, positive fundamentals have not yet translated into sustained price appreciation.