Ethereum at its weakest level against Bitcoin since 2021! The ETH/BTC ratio continues to fall. ITC Crypto founder Benjamin Cowen predicts the ratio will bottom out between 0.03-0.04 and rise in 2025. 🐋

Galaxy's Alex Thorn noted that ETH/BTC fell to 0.03 for the first time in 3.5 years. Analyst Master Kenobi said that these declines are cyclical and expects a turnaround soon.

Ethereum's fundamental strength is solid, but the market is full of FUD. Galaxy Trading noted that Ethereum is approaching its biggest support line and the decline may be over. 📉

However, a former whale's ETH sell-off has pushed the price down to $2,260. It could remain at these levels until market sentiment improves.