Ethereum Faces Continued Bearish Trend Amid Market Challenges

According to Cointelegraph, Ethereum's native token, Ether (ETH), has experienced a prolonged bearish trend, marking four consecutive months of decline. In March, ETH saw an 18.47% drop, reminiscent of the bear market conditions of 2022. This consistent downward trajectory has sparked discussions among analysts about whether ETH is nearing a bottom or if further declines are imminent. The Ethereum/Bitcoin ratio has also reached a significant low, hitting a five-year low of 0.021 on March 30. This ratio, which measures ETH's value against Bitcoin (BTC), highlights Ether's underperformance compared to Bitcoin over the past five years. The last time the ETH/BTC ratio was at this level was in May 2020, when ETH was valued between $150 and $300. Additionally, Ethereum's monthly fees have dropped to $22 million in March 2025, the lowest since June 2020, indicating reduced network activity and market interest. These fees reflect the cost of transactions on the network, which decrease when network demand is low. Despite these challenges, some analysts, like VentureFounder, suggest that the ETH/BTC ratio might find a bottom in the coming weeks, potentially between 0.017 and 0.022. This prediction is based on historical patterns and market cycles, drawing parallels to the 2018-2019 period of Federal Reserve tightening and quantitative easing. VentureFounder anticipates a potential recovery following the Federal Open Market Committee's (FOMC) actions in May, when the Fed is expected to end quantitative tightening and begin quantitative easing. Historically, Ethereum has shown resilience after consecutive bearish months. Since its inception, ETH has experienced three or more consecutive bearish monthly candles on five occasions, each time resulting in a short-term bottom. Notably, in 2018, after seven consecutive red months, ETH prices surged by 83% following the correction. In 2022, after three bearish months, ETH consolidated for nearly a year, with the bottom occurring in June 2022. Historically, Ethereum has a 75% probability of experiencing a positive month in April, and its past quarterly returns indicate that Q2 typically sees fewer drawdowns compared to other quarters, with average returns as high as 60.59%. This article does not provide investment advice or recommendations. All investment and trading decisions involve risk, and readers are encouraged to conduct their own research before making any financial decisions.