According to Golden Finance, several analysts warn that the ETH/BTC exchange rate may fall further in the next few weeks. Crypto analyst Alessandro Ottaviani described the current situation as a “falling knife” scenario, meaning assets are experiencing a fast and steep decline. Technical aspects show that the relative strength index (RSI) on the two-week chart of ETH/BTC has fallen to a historical low of 23.32. While RSI below 30 usually indicates that oversold status may trigger a rebound, Ethereum's RSI continued to decline two months after oversold, indicating that the downward trend is accelerating rather than stabilizing. If it cannot rebound from the 0.022BTC level, ETH/BTC may continue to fall to the 0.020-0.016BTC range, down about 30% from the current price. Fundamental factors also support bearish outlook. Ethereum faces strong challenges from competitors such as Solana, and VanEck data shows that Solana's decentralized exchange trading volume has surpassed Ethereum. In addition, the launch of spot Bitcoin ETFs broke the traditional crypto market cycle, and the $129 billion inflow of Bitcoin ETFs in 2024 has withdrawn from the liquidity of the altcoin market, including Ethereum.