Ethereum’s ongoing downtrend against Bitcoin mirrors the bearish structure seen in 2024–2025, raising the risk of another 40% decline.
Ethereum’s native token, Ether (ETH), has fallen more than 35% against Bitcoin (BTC) over the past year, and the downtrend may still have further to go.
Key takeaways:
ETH/BTC remains stuck below a multi-year descending trend line that has capped every breakout attempt since 2022, including one that preceded the nearly 70% decline between 2024 and 2025.
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