Ethereum is still far behind its ATH levels of 2017 and during the last 2-3 months, it's exchange rate versus Bitcoin has also gone down by a lot. Ethereum gave almost 100x returns to those who invested in it during 2017. But it has underperformed since then. The DeFi and ETH 2.0 hypes have failed to take Ethereum back to the previous peak levels. But it's position as the no.2 cryptocurrency seems to be secure for now. Because the other altcoins are in even more bad shape when compared to Ethereum.