Legal Notice: Nothing on the website constitutes professional and/or financial advice. All the content on the website is for informational purposes only. We have prepared all information herein from sources we believe to be accurate and reliable. However, such information is presented as is,” without warranty of any kind – whether expressed or implied. You acknowledge and agree that there are numerous risks associated with purchasing cryptocurrencies.
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.
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.
Since 2022, Ecem has been creating digital content, combining her passion for technology with writing. Continuing her education in the Mathematics department, Ecem focuses on producing in-depth content on areas such as blockchain, artificial intelligence, and cryptocurrency. She aims to simplify these topics and present them to a wide audience, sharing valuable insights into the crypto industry through her writing. With her innovative content, she strives to raise awareness in the digital world.
This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
Strictly Necessary Cookies
Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.
If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.
Leave a comment