The second attempt failed to outperform Bitcoin
yesterday Prezzo di ethereumFor the second time in the last two weeks, try to excel this BitcoinAnd for the second time the attempt failed.
In fact, in the first half of May, the first attempt succeeded, but it was just a recovery.
The situation has now returned to normal, but many of them expect more attempts by Ethereum with Bitcoin, some of which may succeed in the end.
Ethereum suffering: Bitcoin is still dominating
the Prezzo di ethereum It is still in Soffeoreza.
At the end of October last year, he was hovering about 2,200 dollars, but then thanks to the so -called Trump Trade I managed to return to 4000 dollars. However, this mini paragraph started to explode in the second half of December, and from February, it completely exploded.
In fact, to say the truth, at the end of February, the price of ETH decreased to less than 2400 dollars, as it reached the bottom in 2025 until Less than $ 1500.
The problem can be strong Competition from SolanaConsidering that in the past, ETH also indirectly benefited from the success of many Memecoins on Ethereum, while the vast majority of Memecoins is now launched on Solana.
When Trump announced the launch of Memecoin at Solana in January, Ethereum ended a little.
Note that the current price of ETH, which is more than 2600 dollars, is not much higher than the October 2024 price.
Comparison between Ethereum (ETH) and Bitcoin (BTC)
Instead, and price Bitcoin In the same period, it moved from less than 70,000 dollars to more than $ 100,000.
To get a more accurate idea than the amount BTC It excels EthIt is useful to analyze the trend over time from the expressed ETHEREUM price in Bitcoin.
At the end of October, the value of ETH 1 was about 0.035 BTC, and with Trump’s trade, it increased temporarily to 0.040.
The problem is that from mid -December, it has already decreased to less than 0.035 BTC, and during January, it decreased to 0.030.
So from October to January, Ethereum bitcoin was weak.
Starting in February, an additional decline began, which ended only at the beginning of May, which caused Ethereum price in Bitcoin To decline first to 0.027 BTC, then even less than 0.020.
The peak was achieved by the minimum 0.018 BTC on April 12 at a very low level that it has not been seen since January 2020.
In light of this, it is clear that something dangerous has happened to Ethereum, and it is very likely that the problem is the problem previously mentioned, and it is a very strong competition from Solana in the Memecoin sector.
ETHEREUM (ETH) point
On May 8, however, there was a turning point.
Not only did the descending stage end, but there was also a real bull recovery.
In fact, in just three days, the price of ETHEREUM in Bitcoin has returned over the 0.024 BTC sign, which is still much lower than 0.035 October, however Many higher than 2025.
However, it was not just a recovery, not restarting, to the extent that the price of ETHEREUM in the dollar is still somewhat at the levels of October.
However, in the last two weeks, there have been at least two attempts to return above 0.025 BTC.
The first happened between May 13 and 14, and failed within a little more than 24 hours. The second, however, happened only yesterday, and failed in less than 24 hours.
In the same days, try the price of ETHEREUM in dollars twice to exceed 2700 dollars. The first time, in fact, she was unable to rise over it temporarily, while she managed at least yesterday until he managed to retract $ 2750 for a few hours.
However, each of these attempts failed within less than 24 hours.
Expectations in the encryption market
Nevertheless, there are many analysts who believe that Ethereum can eventually be able to return strongly to the top of $ 2700.
In particular, a widespread hypothesis is the hypothesis that predicts a decrease in bitcoin hegemony.
In October 2024, Bitcoin was less than 60 %. during Mini-ALTSEASON In November, due to Trump’s trade, it decreased to 55 %, but starting in December, the new upward phase that it first brought 60 % began, then on May 7, 2025, up to 65 %.
Well, on the eighth of May, the shrinkage that not only cut off the upward trend began, but within a few days returned to 62 %.
However, then, there was a recovery, to the point that it is now above 64 %, but it seems that the upward trend at the moment has already stopped.
According to many analysts, there is a possibility to return to 60 %, or perhaps less, and this means that Altcoins will outperform bitcoin.