crypto for all
Join
A
A

ETH/BTC Eyes Key Neckline For Trend Reversal

10h25 ▪ 4 min read ▪ by Luc Jose A.
Getting informed Altcoins
Summarize this article with:

Is Ethereum preparing a strong comeback against bitcoin? A well-known technical setup draws analysts’ attention to the ETH/BTC pair. This pattern, previously observed before a historic rally, could indicate a major bullish reversal. If the breakout is confirmed, Ether could jump nearly 95 % against bitcoin.

Two suspended platforms are connected by an axis. Ethereum's rises quickly, while Bitcoin's remains stable. A geometric shape (triangle) breaks under Ethereum.

In brief

  • An inverted head and shoulders pattern is forming on the ETH/BTC pair, according to several technical analyses.
  • If the 0.042 BTC resistance is broken, Ethereum could see a rally of +95 % against Bitcoin.
  • This setup recalls a historical precedent between 2019 and 2021, with a similar bullish scenario.
  • The market remains divided between hopes of a bullish reversal and fears of a short-term bearish continuation.

A familiar chart signal

According to an analysis, Ether (ETH), the native asset of the Ethereum network, could experience a spectacular rise against bitcoin if a bullish reversal scenario confirms on the ETH/BTC pair.

The ETH/BTC pair could climb 95 % up to 0.066 BTC if it manages to break the key resistance of 0.042 BTC. In other words, a decisive breakout above this neckline could pave the way for a rally near 95 % from current levels.

This scenario is taken seriously by analysts because it shows several similarities with a historical precedent that occurred between 2019 and 2021. At that time, a comparable setup led to a move of the same magnitude. Here are the main points noted :

  • The neckline of the current model is identified around 0.042 BTC, a key technical threshold to cross ;
  • The bullish potential would then be estimated at 0.066 BTC, if a confirmed breakout occurs ;
  • This type of structure is often interpreted as a precursor signal for a lasting reversal, especially after a long period of underperformance.

These on-chain data trigger investor interest, especially as the setup clearly recalls Ethereum’s successful rally in 2021 on the same pair. The conditions seem aligned for a bullish scenario, but it remains to be confirmed on a clear breakout of the resistance.

A bearish threat in ambush ?

However, a completely different scenario is emerging in parallel and could invalidate this bullish outlook. Indeed, on shorter time frames, the ETH/BTC pair shows a “bear pennant” structure, a pattern generally associated with a continuation of the bearish trend.

A confirmed breakout of this structure could likely push the pair towards the “bear pennant” target, situated around 0.024–0.025 BTC. In other words, a breakdown would completely cancel the bullish pattern and open the way for a significant decline of Ether against bitcoin.

This divergence between long-term and short-term technical signals highlights the fragility of the current situation. If Ether fails to overcome the 0.042 BTC resistance, the chance for a reversal could fade. This would mark the continued relative dominance of bitcoin over its main competitor and challenge the prospect of an imminent bullish cycle for Ethereum.

If the technical signal confirms, Ethereum could start a spectacular recovery against bitcoin. Between chart hope and macroeconomic caution, the coming weeks will be decisive. And who knows, maybe a new record is loading for Ethereum in 2026.

Maximize your Cointribune experience with our "Read to Earn" program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.



Join the program
A
A
Luc Jose A. avatar
Luc Jose A.

Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019. Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.