Ethereum's imminent fall: Trader predicts historic 91% devaluation against Bitcoin

• Ethereum's fall against Bitcoin.
• Bearish pattern on ETH/BTC chart.
• Massive sale of ETH by whales.

Renowned cryptocurrency analyst and trader Ali Martinez, known for his assertive predictions, shared a technical analysis on the largest altcoin on the market, Ethereum (ETH). The expert issued a worrying warning: ETH may be about to suffer a drastic devaluation in relation to Bitcoin (BTC).

In his analysis, Martinez noted a bearish pattern emerging on the monthly chart of the ETH/BTC pair. According to the expert, Ethereum could plummet by up to 91% from current levels, reaching the 0,0020 BTC mark. This alarming prediction by the expert was based on the indication of a possible double top, or “M,” pattern on the pair’s inverted chart, a classic indicator of a bearish reversal.

“From this angle, the $ETH/$BTC trading pair could be heading towards 0,0020!” Martinez wrote while sharing the pair’s chart.

From this angle, the $ ETH / $ BTC trading pair could be headed to 0.0020! 

— Ali (@ali_charts) April 2, 2025

The situation is made worse by data from the analytics platform Santiment, which reveals a significant selling movement by Ethereum whales. In the last two weeks, around 760.000 ETH, valued at approximately US$ 1,42 billion, were evicted in the market. In addition, whale activity on the Ethereum network suffered a drop of 63,8% in the last five weeks, signaling a growing disinterest from large investors.

“Since February 25, the number of large Ethereum $ETH transactions has dropped by 63,8%, signaling a drop in whale activity on the network,” Martinez said.

At the time of publication, Ethereum’s price was trading at $1.792,38, down 3.9% over the past 24 hours. The asset is down 11.5% over the past week, while its monthly decline is 15%. Ethereum (ETH) trading volume was $25.302.432.221 over the past 24 hours, representing a 69,60% increase from a day ago and signaling a recent surge in market activity.