ETH/BTC Extends Decline With 35% Drop in Past Year, Analysts Warn of Potential 40% Further Fall

ETH0.23%
BTC0.74%
According to Cointelegraph, ETH/BTC has declined over 35% in the past year amid a weakening market structure that continues to raise concerns about further downside risks. Technical analysis shows the pair remains pressured by a multi-year downtrend line that has repeatedly capped rallies since 2022. Following a rejection at the 0.382 Fibonacci retracement level in August 2025, ETH/BTC has broken below key moving average support. Analysts warn that if weakness persists, the next critical support level could target around 0.0176 BTC, representing approximately 40% additional downside from current levels and approaching the 2020 cycle low zone.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
ProfessionalDotaPlayervip
· 05-10 19:51
Drop
View OriginalReply0