ETH price could rise 95% against Bitcoin if a decisive breakout above the important thing BTC neckline of 0.042 confirms a bullish reversal.
Key insights:
According to a textbook bullish reversal pattern forming on the ETH/BTC chart, Ethereum's native token, Ether (ETH), could rise over 95% against Bitcoin (BTC).
Ether reflects the bullish setup of 2021
On Monday, Ether seemed to be carving out the precise shoulder of a developing inverse head and shoulders (IH&S) pattern on the ETH/BTC chart.
ETH/BTC weekly chart. Source: TradingView
This phase typically marks the penultimate phase of a bullish reversal, with confirmation occurring once price decisively breaks neckline resistance.
After confirmation, the pattern's upside goal is normally calculated by measuring the space between the low of the top and the neck line, which suggests room for a robust rebound after a successful breakout.
ETH/BTC could rise towards 0.066 BTC if it decisively breaks the neckline resistance at around 0.042 BTC. This corresponded to a rise of around 95% in comparison with the present price level.
An identical inverted head and shoulders structure appeared on the ETH/BTC chart in 2019-2021 after Ether underperformed for an prolonged period. This setup dissolved with a 95% breakout above the neckline.
ETH/BTC weekly chart. Source: TradingView
Analyst Michaël van de Poppe offered an identical outlook for ETH/BTC over the weekend, saying that the pair had already bottomed in April 2025 and would see further gains in 2026.
Which invalidates the bullish outlook for Ether-Bitcoin
The bullish ETH/BTC reversal thesis can be invalid if the pair fails to proceed forming the precise shoulder but as an alternative breaks out of its current consolidation to the downside.
On shorter time-frame charts, ETH/BTC appears to be forming a bear pennant, a pattern that typically signals a continuation of the downtrend after a pointy decline.
ETH/BTC three-day chart. Source: TradingView
A confirmed breakout of this structure would likely pull the pair towards its pennant goal near 0.024-0.025 BTC.
Such a move would prevent a rally toward the neckline, invalidating the inverted head and shoulders and signaling that Ether's relative downtrend versus Bitcoin stays intact.
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