Is Ethereum Losing the Crypto Race? Lets Explore:

Amidst regulatory uncertainty, Ethereum is facing multiple headwinds that could lead to its downfall. The upcoming Shanghai Upgrade on April 12th will only exacerbate the billions of dollars worth of sell pressure looming over the market. Meanwhile, the SEC and CFTC remain unable to agree on whether ETH is a security or commodity, casting a shadow of doubt over its future. Additionally, Ethereum's inability to take out its 2017/2018 highs in 2021/2022 and its recent 20% drop against Bitcoin suggest a bearish trend for the platform. With Biden's US Treasury cracking down on decentralized privacy protocols on Ethereum, Bitcoin is emerging as the superior play in the current market conditions.

ETH Target: $700 - $900