According to Cointelegraph, Ether (ETH) has performed poorly compared to Bitcoin (BTC), hitting a three-and-a-half-year low on September 18. Analysts believe that ETH will find it difficult to hit a new high in 2024, while BTC is expected to break its all-time high in the fourth quarter of this year. The chief investment officer of Bitwise Asset Management said ETH could become a "potential contrarian bet" before the end of the year. The ETH/BTC weekly chart shows a symmetrical triangle pattern, indicating hesitation on both the long and short sides. If the price breaks through the support or resistance line, it may trigger a new round of trends. The ETH/BTC daily chart shows that the pair is in a descending channel, but the RSI shows a positive divergence and the 20-day exponential moving average flattens, indicating that selling pressure may weaken. If the price breaks through the 50-day simple moving average, it may indicate a trend change.