Ether (ETH) has fallen about 5.5% against Bitcoin (BTC) in the past week, with a bearish continuation setup suggesting further losses. The ETH/BTC ratio has been consolidating since February, consolidating inside a rising parallel channel after a sharp downside move. This could lead to a 10% drop toward 0.026 BTC in May. However, a similar occurrence occurred earlier this year, which could change the direction of the market. Meanwhile, the Ethereum Foundation completed its 70,000 ETH staking target, shifting more of its holdings into yield-generating positions instead of potential sell-side supply.