#ETHBTC $ETH

Ethereum has been declining agains Bitcoin since the start of 2022. At the moment it’s down almost 80% and it has dropped all the way down to a support level of 2019 low. Right now it might be a good time to convert BTC into ETH and if ETH breaks down bellow the green support level and closes a weekly red candle below it, then it will likely keep underperforming BTC. However there is a good chance that ETH will bounce off of this support level which can potencially lead to BTC Dominance topping out and the beggining of an altseason.