Ethereum Underperforms Bitcoin in Q1 as Market Faces Increased Selling Pressure

Ethereum's decline continues, raising concerns about further selling pressure. Key points include:

ETH has failed to hold critical support levels, with analysts warning of a potential drop below $1,750.
The cryptocurrency has underperformed compared to Bitcoin, losing nearly 50% in value over the past quarter.
Current trading is below $1,800, indicating persistent weakness and difficulty for bulls to regain momentum.
Key resistance levels are around $2,000 and $2,200, which must be reclaimed for a recovery to begin.
The $1,800 level is crucial; breaking below it could lead to declines toward $1,750 or even $1,550.

Market sentiment remains shaky amid macroeconomic uncertainties and regulatory pressures, making Ethereum's future trajectory uncertain.