According to the analysis of the classic bullish reversal pattern presented by the long-term chart, Ethereum's Ether ($ETH ) in 2026 may rise over 80% compared to Bitcoin ($BTC ) with key points and analysis as follows:
Core objectives and risk price levels
• Upside target: After breaking the key resistance, ETH/BTC may reach the range of 0.059-0.063 BTC in 2026 (an 80% increase compared to the current exchange rate)
• Pullback risk: If the long-term trend line breaks down, it may fall back to the support level of 0.0175 BTC
Technical pattern: Inverse head and shoulders (IH&S) bullish signal
As of December, the ETH/BTC two-week chart presents a textbook inverse head and shoulders pattern (a bullish reversal signal after a long decline):
1. Left shoulder: Formed during the weak period at the end of 2024
2. Head: Sharp sell-off in April 2025, bottoming out near 0.0176 BTC
3. Right shoulder: Recovery in Q4 2025, forming a higher low
4. Neckline: Located near 0.0400 BTC (between the 50-period and 200-period exponential moving averages)
• Analyst perspective: A breakout above the neckline area will confirm the pattern's validity, paving the way for a 2026 rally
Historical trend reference: Can it replicate the 450% surge seen in April 2020?
ETH/BTC's current rebound trajectory closely resembles the 2019–2020 trend:
• Historical performance: From 2019 to 2020, this trading pair bottomed in the 0.0160–0.0200 BTC range and subsequently surged nearly 450%
• Current situation: In 2025, ETH is recovering from the same range, with prices entering the early resistance cluster preceding the parabolic rise of 2020
• Expert forecast: If the pattern remains valid, ETH/BTC could rise to the 0.059 BTC Fibonacci zone, aligning with the 2026 IH&S breakout target
Key risk: Long-term downtrend line resistance
$ETH ETH relative to BTC remains in a long-term downtrend since 2017, with this trendline having rejected multiple breakout attempts:
• If this breakout attempt at the trendline fails again, it will weaken the validity of the bullish pattern
• May trigger a pullback toward the long-term support level of 0.0175 BTC in 2026
