ETH vs BTC: Why Ethereum is Lagging Behind Bitcoin’s Bull Run

ETH vs BTC – Ethereum Struggles as Bitcoin Soars: How Low Can ETH Go?

ETH vs BTC – While Bitcoin (BTC) is experiencing significant upward momentum, Ethereum (ETH) is still grappling with a persistent downtrend. As of March 14, 2025, ETH was trading near $1,891, reflecting a loss of over 33% in the past three weeks. This comes after breaking key support levels at $3,200 and $2,200, raising questions about how much further Ethereum could decline.

Key Support Levels Crumble for Ethereum

Since U.S. President Donald Trump’s second inauguration, Ethereum has lost crucial support levels, leading to a sharp decline in price. This has caused investor sentiment to weaken, with growing concerns about ETH’s near-term outlook. As Ethereum continues to struggle with breaking past the $4,000 resistance, its future price action remains uncertain.

Ethereum Faces Growing Investor Caution

On-chain data from Glassnode indicates a rising sense of caution among long-term Ethereum holders. Additionally, U.S. spot Ether ETFs have seen consistent outflows, marking their third consecutive week of withdrawals. On March 13, alone, the net outflow reached around $73 million, further signaling investor hesitation.

Is Ethereum Oversold? Potential for a Rebound

From a technical standpoint, ETH/USD appears to be oversold compared to Bitcoin. For Ethereum to avoid further declines toward $1,500, it needs to hold its current support level. Moreover, the ETH/BTC pair is testing a critical support level around 0.023, which, if maintained, could help restore bullish sentiment in the near future.

Ethereum Developers Push Ahead with Pectra Upgrade

Despite the price slump, Ethereum remains dominant in the DeFi space, with a total value locked (TVL) of around $45 billion. However, increasing competition from other Layer-1 blockchains like Solana (SOL) continues to pose a challenge. To stay competitive, Ethereum developers are preparing for the upcoming Pectra upgrade, with the third testnet, Hoodi, expected to launch by mid-April 2025.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies and stocks, particularly in micro-cap companies, are subject to significant volatility and risk. Please conduct thorough research before making any investment decisions.