I recently reviewed the charts and honestly, February was brutal for Bitcoin. After that massive crash at the beginning of the month, the price plummeted to $60,000, the lowest level since October 2024. Although it recovered some ground later, we closed the month around $65,000-$66,000, but still with a 15% drop. What stands out most is that this marked the fifth consecutive month in the red, something that hadn't happened since 2018.

The thing is, the overall outlook has been quite complicated since October. I remember that month, people were talking about highs above $126,000 and everyone was expecting more records, but on October 10th, something happened in the market that changed everything. Over $19 billion dollars were liquidated in a single day, and from there, the dynamics completely shifted. Bitcoin started to decline steadily and ended 2025 in negative territory, something unprecedented after a halving.

Ethereum performed even worse. It has been six consecutive months in the red and has only been in the green three of the last fifteen months. In January, it fell 17.7%, and in February, it was even more violent with a 19.6% drop. That was the worst consecutive monthly period for ETH since 2018. The price has been struggling to stay above $2,000, dropping multiple times over the past month.

What’s interesting now is that since those February lows, both assets have started to recover. Bitcoin has risen quite a bit over the last thirty days, and Ethereum also shows signs of recovery. After five months under pressure, it seems the price might be finding some kind of floor, but volatility remains the norm in this market.