{"id":154638,"date":"2025-04-03T21:00:40","date_gmt":"2025-04-03T18:00:40","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=154638"},"modified":"2025-04-03T20:47:50","modified_gmt":"2025-04-03T17:47:50","slug":"analyst-warns-of-massive-ethereum-drop-against-bitcoin","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/analyst-warns-of-massive-ethereum-drop-against-bitcoin\/","title":{"rendered":"Analyst Warns of Massive Ethereum Drop Against Bitcoin"},"content":{"rendered":"
Martinez pointed<\/a> <\/strong>to bearish patterns emerging on Ethereum\u2019s monthly chart compared to Bitcoin.<\/p>\n According to Martinez, Ethereum may experience a sharp drop, potentially losing up to 91% of its value relative to Bitcoin. His analysis, based on an inverted ETH\/BTC chart, indicates the formation of a bearish double-top or M pattern. If this pattern plays out, Ethereum\u2019s value could plunge to 0.0020 BTC. Currently, Ethereum is trading at around 0.02205 BTC, equivalent to approximately $1,866.<\/p>\n Martinez also pointed to recent data from crypto analytics platform Santiment, revealing that Ethereum whales have offloaded a substantial amount of ETH in the past two weeks. Around 760,000 ETH, valued at roughly $1.42 billion, has been sold, reflecting a notable reduction in large transactions. Martinez noted that since late February, significant Ethereum transfers have dropped by nearly 64%, indicating a decline in whale activity.<\/p>\nRead More:<\/h5>\n \n