{"id":21684,"date":"2025-04-11T13:17:02","date_gmt":"2025-04-11T13:17:02","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=21684"},"modified":"2025-04-11T13:17:02","modified_gmt":"2025-04-11T13:17:02","slug":"eth-btc-collapse-isnt-the-end-analyst-sees-silent-rebuild","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=21684","title":{"rendered":"ETH\/BTC Collapse Isn\u2019t the End: Analyst Sees Silent Rebuild"},"content":{"rendered":"<div>\n<p>Ethereum\u2019s ETH\/BTC ratio has plunged 77% since December 2021, turning the once beloved altcoin into a punching bag for crypto traders.<\/p>\n<p>However, beneath the sliding metrics and bearish sentiment, analysts argue that developments being carried out on the network could set the stage for a long-term rebound.<\/p>\n<h2>The ETH\/BTC Bloodbath<\/h2>\n<p>According to an April 11 <a href=\"https:\/\/insights.santiment.net\/read\/ethereum-why-the-hate-other-than-over-3-years-of-disappointment-8602\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\">report<\/a> from Santiment analyst Brian Q, since its peak in late 2021, the ETH\/BTC ratio has cratered by 77%, leaving long-term holders frustrated. In the last three years, anyone who bought the asset near its all-time high (ATH) of $4,800 hasn\u2019t had a profitable exit.<\/p>\n<p>Furthermore, ETH has just experienced its <a href=\"https:\/\/cryptopotato.com\/crypto-bloodbath-vs-gold-boom-what-q1s-45-eth-crash-reveals\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">worst<\/a>\u00a0Q1 in eight years, dropping 45% in the first three months of 2025. The theme has carried on into April, with the token down nearly 19% in the past fortnight. Additionally, over the last seven days, the asset severely underperformed, dropping 14.6%, while global crypto markets fell just 4.1%.<\/p>\n<p>The pain is palpable on social media, with Santiment quoting traders jokingly calling Ethereum \u201cthe new shitcoin,\u201d while others pointed to smaller altcoins that have registered better returns.<\/p>\n<p>Critics have cited several reasons for the network\u2019s poor performance, including competition from Layer-2 solutions like Arbitrum and Optimism, which have diverted attention and capital away from ETH, as well as slow updates, including the recently <a href=\"https:\/\/cryptopotato.com\/ethereum-sets-new-date-for-pectra-upgrade-after-technical-issues\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">postponed<\/a> Pectra upgrade. Additionally, post-Merge staking withdrawals have introduced consistent sell pressure, weighing on ETH\u2019s price action.<\/p>\n<h2>Comeback Starts with Tech, Not Hype<\/h2>\n<p>However, Santiment believes that this market gloom belies the progress being made under Ethereum\u2019s hood. The analytics firm points out that the network has quietly completed some of the most complex upgrades in blockchain history, arguably laying the foundation for its next act.<\/p>\n<p>Since hitting its ATH, Ethereum has completely <a href=\"https:\/\/cryptopotato.com\/the-merge-is-official-ethereums-transition-to-proof-of-stake-now-complete\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">overhauled<\/a> its consensus mechanism, unlocked staked ETH withdrawals, and is now deep into scaling with EIP-4844\u2019s proto-danksharding.<\/p>\n<p>Additionally, despite its price slump, Ethereum still dominates decentralized finance, boasts the majority of active developers, and seems to be the platform of choice for emerging applications such as decentralized identity and social networks.<\/p>\n<p>Moreover, the blockchain\u2019s co-founder, Vitalik Buterin, is already looking forward. On April 11, the 31-year-old proposed a comprehensive <a href=\"https:\/\/cryptopotato.com\/vitalik-buterin-proposes-roadmap-to-boost-ethereum-user-privacy\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">roadmap<\/a> to improve Ethereum\u2019s user privacy, targeting both on-chain payments and anonymized app interactions.<\/p>\n<p>In Brian Q\u2019s opinion, these milestones haven\u2019t just reduced energy usage and gas fees; they have reset the network\u2019s technical foundation for mainstream adoption.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/eth-btc-collapse-isnt-the-end-analyst-sees-silent-rebuild\/\" rel=\"nofollow\">ETH\/BTC Collapse Isn\u2019t the End: Analyst Sees Silent Rebuild<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum\u2019s ETH\/BTC ratio has plunged 77% since December 2021, turning the once beloved altcoin into a punching bag for crypto traders. However, beneath the sliding metrics and bearish sentiment, analysts argue that developments being carried out on the network could set the stage for a long-term rebound. The ETH\/BTC Bloodbath According to an April 11 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-21684","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/21684","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21684"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/21684\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21684"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21684"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21684"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}