After a drop of over 35%, ETH/BTC continues its weak trend, with analysts warning of a potential further decline of 40%.

CoinFeed reported on May 10th, citing Cointelegraph, that ETH/BTC has fallen by more than 35% over the past year, with a continuously weakening market structure raising concerns about further downside risks. Analysis indicates that ETH/BTC's price action remains suppressed by a multi-year downtrend line, a structure that has repeatedly limited rebounds since 2022 and was accompanied by a nearly 70% retracement during the 2024-2025 rally. Currently, ETH/BTC rebounded again in August 2025 to the 0.382 Fibonacci retracement level and the 50-month moving average confluence area, but was rejected and broke below the 20-month moving average support, indicating continued dominance of selling pressure. Technical models suggest that if the weakness continues, the next key support level may point to around 0.0176 BTC, representing approximately 40% downside from current levels and approaching the 2020 cycle lows.