Ethereum, Bitcoin Ratio Plunges to May 2020 Lows — And There Are More Losses Ahead
Portfolio Pulse from
The Ethereum-to-Bitcoin trading pair has dropped to its lowest level since May 2020, with technical analysis suggesting potential additional 6% decline in April. Factors contributing to Ethereum's underperformance include the launch of Bitcoin ETFs, rise of competing blockchain platforms, and broader market risk aversion.
March 28, 2025 | 8:45 am
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NEGATIVE IMPACT
ETH is experiencing significant underperformance against Bitcoin, with technical indicators suggesting continued downward momentum in the near term.
Multiple technical indicators point to continued downside, including bear flag breakdown, position below moving averages, and broader market risk sentiment.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100
POSITIVE IMPACT
Bitcoin continues to demonstrate resilience compared to Ethereum, benefiting from recent ETF launches and investor risk-off sentiment.
Bitcoin is outperforming Ethereum, supported by recent ETF launches and its perceived safer status during market uncertainty.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 80