It just so happens that the highest ever on ETHBTC took place right around the low level where the price finds itself today. What is really interesting, however, is that this buying also took place as BTCUSD reached its peak.
Support has already begun to build here as these positions are defended.
There is no doubt that the ethereum blockchain has issues. But there is also no doubt that some of the smartest people in the space are working on solving these issues. Big things are coming for this computer program. It has taken ahodl of the crypto dev community, more so than any other similar project. It is this community's adoption that will matter in the end.
With proof of stake on the horizon and countless token projects ready to launch on the world's most popular decentralized computer, where do you see the price headed?