Ethereum has been one of the worst investments in crypto since its pico top in 2021. If you bought then, you're down 60%+. 

ETHBTC revisiting levels not seen since Dec 2020 right before it ran to its ATH against USD. This was also a critical level right before the 2017 run to its previous ATH against USD. 

If it's gonna bounce, it needs to bounce here. Historically, ETH/BTC lows have preceded USD highs, but this time? It doesn’t look likely.

- ETH has never put in new highs against BTC
- No ATH against USD this cycle, with key resistance at ~$4082.
- A multi-year downtrend on waning volumes 
- Seemingly bottomless RSI, oversold into oblivion and illustrating immense weakness.  

If you're long-term bullish on ETH you're praying for a mean reversion at best right now. But that would rely on major catalysts driving volume into a renewed alt szn.