According to Cointelegraph, ETH/BTC has declined over 35% in the past year amid a weakening market structure that continues to raise concerns about further downside risks. Technical analysis shows the pair remains pressured by a multi-year downtrend line that has repeatedly capped rallies since 2022. Following a rejection at the 0.382 Fibonacci retracement level in August 2025, ETH/BTC has broken below key moving average support. Analysts warn that if weakness persists, the next critical support level could target around 0.0176 BTC, representing approximately 40% additional downside from current levels and approaching the 2020 cycle low zone.
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