I just reviewed the historical charts, and the truth is that the crypto market went through a brutal period between October and February. Bitcoin reached highs close to $126,000 in early October, but everything changed after October 10th when the worst liquidation in a single day occurred, with over $19 billion in positions closed. From that point, the price entered free fall.

The most shocking thing is that Bitcoin ended up with losses for five consecutive months, something that hadn't happened since 2018. February was particularly painful, with the price dropping to $60,000 at the beginning of the month before partially recovering. Despite that recovery, it closed February in the red with a 15% decline. January was not much better, with losses of just over 10% after the rejection at $98,000.

Ethereum fared even worse. It was in the red for six consecutive months, marking the worst period since 2018. January fell 17.7%, and February was brutal with a nearly 20% drop. Ethereum's low price stayed below $2,000 several times.

Now in April, both have shown recovery, with Bitcoin approaching $78,000 and Ethereum around $2,300, but those months of consecutive declines definitely left scars on the market.