The price of Ether has fallen substantially against Bitcoin, with the ETH/BTC pair recently at $0.022. Analysts fear a 30% additional decline is possible as Ethereum shows significant weakness.

Ethereum now faces competition from other blockchains like Solana, which is affecting its liquidity. Recent market movements have also changed how investors typically allocate funds within the crypto ecosystem.

Despite the RSI signaling oversold conditions, experts warn against prematurely buying Ether, describing the situation as a ‘falling knife.’ Those trading ETH should be vigilant for any signs of price stabilization.