Ethereum (ETH) continues to struggle, especially against Bitcoin (BTC), threatening further declines.
🔸 BTC dominance has grown to 58%. Is this a local bottom for ETH or will it continue to lose market share?
🔸 ETH/BTC has reached new 40-month lows, last seen in 2021.
🔸 Researcher Alex Thorne and investor Fred Krueger warn of a possible ETH decline.
🔸 Ethereum ETF outflows may be the reason for weak price dynamics.
Be careful and watch the market!