Ethereum\u2019s native token, Ether (ETH), has fallen more than 35% against Bitcoin (BTC) over the past year, and the downtrend may still have further to go.<\/p>\n
Key takeaways:<\/strong><\/p>\n ETH\/BTC remains stuck below a multi-year descending trend line that has capped every breakout attempt since 2022, including one that preceded the nearly 70% decline between 2024 and 2025. <\/p>\n ETH\/BTC monthly chart. Source: TradingView<\/em> <\/p>\n A similar setup now appears to be taking shape again.<\/p>\n After retesting the same trend line in August 2025, ETH\/BTC was rejected near a confluence of resistance that included the 0.382 Fibonacci retracement level and the 50-month exponential moving average (50-month EMA, red). <\/p>\n The pair has since turned lower and slipped back below its 20-month EMA (green) support near 0.034 BTC, a sign that sellers continue to dominate the trend.<\/p>\n The next major downside target for 2026 comes in around 0.0176 BTC if the weakness persists. This level, down about 40% from current rates, aligns with the 2020 cycle bottom.<\/p>\n Exchange data points to persistent sell-side risk for Ether. <\/p>\n As of May, ETH reserves on Binance, the world’s largest crypto exchange by volume, had climbed to 3.62 million ETH, accounting for roughly 24.6% of all Ether held across exchanges, according to data resource CryptoQuant<\/a>.<\/p>\n Ethereum reserves on Binance. Source: CryptoQuant<\/em><\/p>\n In comparison, Bitcoin reserves on Binance have fallen. <\/p>\n Bitcoin reserves on Binance. Source: CryptoQuant<\/em><\/p>\n Rising exchange balances usually signal that more tokens are available for sale, which can weigh on price when demand is not strong enough to absorb the added supply. <\/p>\n Falling reserves, on the other hand, often suggest coins are being moved off exchanges for longer-term holding.<\/p>\n In that sense, Binance reserve trends reinforce the broader market picture: Ether is facing relatively higher available supply, while Bitcoin is showing signs of tighter exchange-side liquidity. <\/p>\n Related: <\/strong><\/em>Four signs that show Ethereum’s rally is exhausted at $2.4K<\/strong><\/em><\/a><\/p>\n Ethereum’s weakness reflects a broader shift in fundamentals. For years, Ether has lagged behind Bitcoin in part because Ethereum\u2019s \u201cultrasound money\u201d narrative has lost momentum. <\/p>\n BTC, on the other hand, continues to draw strength from corporate accumulation led by firms like Strategy<\/a> and its growing integration into Wall Street portfolios<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":" Ethereum\u2019s native token, Ether (ETH), has fallen more than 35% against Bitcoin (BTC) over the past year, and the downtrend may still have further to go. Key takeaways: ETH may plunge another 40% as it mirrors the 2025 bear trend setup. Rising Ether reserves on Binance, even as Bitcoin reserves decline, add to the case […]<\/p>\n","protected":false},"author":2,"featured_media":426971,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[235,203,210,234,231,232,237,238,236,233],"class_list":["post-426968","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","tag-bitcoin","tag-crypto-currency","tag-elon-musk","tag-ethereum","tag-hyperledger","tag-ibm","tag-mining","tag-nodes","tag-spacex","tag-tesla"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/426968","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=426968"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/426968\/revisions"}],"predecessor-version":[{"id":426972,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/426968\/revisions\/426972"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/426971"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=426968"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=426968"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=426968"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n
ETH risks 40% decline after topping near multi-year trend line<\/h2>\n
Exchange reserves highlight ETH-BTC divergence<\/h2>\n
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