$ETH Ethereum ($ETH ) cannot recover from one of the most challenging periods since its launch. Since the beginning of this year, the price of the second-largest cryptocurrency has decreased by 50%. Despite some positive signals indicating a potential breakout, the altcoin is still lagging behind competitors like Solana ($SOL)

The ETH/BTC exchange rate has updated multi-year lows amid mass selling by institutions. The market is divided: bulls hope for a breakthrough to resistance, while bears doubt the long-term relevance of Ethereum.