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Ethereum Risks Major Drop Against Bitcoin if Key Level Fails, Analyst Warns

02.05.2025 13:00 1 min. read Alexander Stefanov
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Ethereum Risks Major Drop Against Bitcoin if Key Level Fails, Analyst Warns

Ethereum could be in trouble if it fails to hold a crucial price level against Bitcoin, according to a popular market commentator.

The trader, known online as Sherpa, warned that ETH is teetering near a critical threshold and could drop sharply if that floor gives way.

Currently trading just above 0.0189 BTC, Ethereum risks falling to price levels not seen since early 2017 if it breaks below 0.01745 BTC. Such a move would represent a nearly 60% slide in value against Bitcoin, Sherpa suggested to his large following on X.

While Ethereum shows signs of vulnerability, Bitcoin may continue climbing in the near term. Sherpa expects BTC to push toward the $100,000 mark before facing a potential pullback to around $80,000—a correction he believes will ripple across the altcoin market as well.

He forecasts a volatile period ahead, with prices surging, retreating, and eventually stabilizing before a stronger breakout in the second half of the year.

According to his broader market view, altcoins will likely ride Bitcoin’s momentum in the short term but won’t escape a correction if BTC retraces. However, he believes this mid-cycle volatility could set the stage for a renewed bullish wave in Q3 or Q4, particularly as macro factors and investor sentiment realign in crypto’s favor.

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.

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