The valuation of Ethereum against Bitcoin has reached a new low, marking its lowest level since April 2021. Analysts suggest that Ethereum could reach this level in the coming weeks before 2025, as part of a broader cycle reset. This decline aligns with patterns observed in 2016 and 2019, indicating a potential foundation for consolidation before an uptrend begins. The 50-day simple moving average for ETH/BTC is being closely watched as an indicator of a possible trend reversal. With ETH/BTC at its lowest point in years, Ethereum holders may consider hedging as it approaches its regression line. Bitcoin's growing market dominance is also impacting Ethereum and other altcoins, which have shown continued weakness relative to Bitcoin. Analysts predict that Ethereum could reach a low around $1,500 based on indicators from previous cycles.



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