Some analysts see this correction as a local price bottom for Ether, based on historical chart patterns.
Ether’s (ETH) price continues to struggle, particularly against Bitcoin (BTC), threatening more potential downside for the world’s second-largest cryptocurrency.
With Bitcoin dominance up to 58%, could this be the local bottom for ETH price, or will it keep losing market share against BTC?
Ether’s price against Bitcoin has hit a three-and-a-half-year low last seen in 2021.
