<ul><li>Veteran analyst Peter Brandt warns that Ethereum (ETH) may face a 62% plunge as there are no clear reversal signals.</li><li>Ethereum trades at a 42-month low against Bitcoin, indicating prolonged underperformance.</li><li>Brandt's target price for Ethereum's capitulation is $1,551, which represents a potential 62% decrease from its current value.</li><li>Other analysts also support a pessimistic outlook for Ethereum, highlighting its likely underperformance against Bitcoin.</li></ul>

Ethereum Faces Grim 62% Plunge According to Veteran Analyst Brandt

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