PANews November 21st news, according to The Block, the ETH/BTC price ratio fell to 0.032, the lowest level since March 2021. The BTC price continues to reach new historical highs, currently trading at approximately $97,770, while Ethereum has shown relatively weak performance in the market fall. Analysis indicates that the strong pump of BTC is benefiting from the approval of BTC Spot ETF in the U.S. in 2024 and Trump's support for Cryptocurrency. In contrast, ETH is facing dual pressure: competing with BTC for the store of value status, and competing with Solana in the Smart Contract platform market. Solana, with its advantages in Decentralization exchange and protocol fees, has attracted more developers and investors. In addition, since the ETH merge upgrade in 2022, its market momentum has been affected by regulatory uncertainty. Despite the current weak performance, Ethereum is still the most active Smart Contract platform for economic activities, and may attract more developers and market follow through technological upgrades and new use cases in the long run. Analysts point out that if the upward trend of Bitcoin slows down or the market sentiment of Ethereum improves, its price ratio is expected to Rebound.