Ethereum's Ether (ETH) token could rise over 80% against Bitcoin (BTC) in 2026, in accordance with a classic bullish reversal scenario unfolding on its long-term charts.
Key points:
The Ether price chart suggests an 80% recovery against Bitcoin
In December, the two-week chart of ETH/BTC showed a textbook inverse head and shoulders (IH&S), a classic bullish reversal pattern that typically follows prolonged downtrends.
ETH/BTC two-week chart. Source: TradingView
The pattern's left shoulder formed through the period of weakness in late 2024, followed by an aggressive capitulation in April 2025 that formed the pinnacle around 0.0176 BTC. This subsequent recovery resulted in a better low within the fourth quarter of 2025, forming the appropriate shoulder.
The neckline was around 0.0400 BTC, lying between the 50-period (red) and 200-period (blue) exponential moving averages (EMAs).
A decisive breakout above this zone will likely confirm the IH&S pattern and pave the way in which for a measured move towards 0.063 BTC in 2026.
This upside goal was 80% higher than ETH/BTC prices recorded on Thursday.
Can ETH copy its 450% parabolic surge from 2020?
The current ETH/BTC rally largely reflected the breakout that followed the 2019-2020 accumulation phase.
The pair rallied nearly 450% after bottoming inside the same demand zone of 0.0160-0.0200 BTC.
Ether's 2025 rally began from this similar structural floor, and the worth is now pushing toward the identical early resistance cluster (represented by red circles within the chart above) that preceded 2020's parabolic expansion.
ETH/BTC could climb towards the 0.059 BTC Fibonacci zone, a level consistent with the IH&S breakout curve into 2026 if this fractal continues to prevail.
Ethereum continues to be in a downtrend against Bitcoin
However, ETH bulls must prove that the long-term downtrend is definitely over.
Ether stays capped by a multi-year descending trend line that has rejected every breakout attempt against Bitcoin since 2017.
Failure of this barrier again would undermine the IH&S and Fractal setups and increase the danger of a pullback towards the long-standing support at 0.0175 BTC in 2026.
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This article doesn’t contain any investment advice or recommendations. Every investment and trading activity involves risks and readers should conduct their very own research when making their decision. While we try to offer accurate and up-to-date information, Cointelegraph doesn’t guarantee the accuracy, completeness or reliability of the data in this text. This article may contain forward-looking statements which might be subject to risks and uncertainties. Cointelegraph is not going to be answerable for any loss or damage arising out of your reliance on this information.
