ETH/BTC is currently around 0.03.
Many people read it as “the Ethereum era begins.”
First, break down the numbers. From 0.03 to 0.075, it’s not that ETH alone rose 150%; rather, ETH relative to BTC has been repriced by about 1.5x. Near the 2021 highs, this ratio generally sat around 0.07–0.08; in 2017, it even reached an extreme high of about 0.15.
0.075 isn’t fantasy, but it’s also not a foregone conclusion just because someone draws a line. Over the past four years, ETH can rise in USD terms while continuously underperforming BTC on the ETH/BTC pair—2023 and 2024 are typical examples. Relative weakness can last a long time.
Now look at the structure. On the biweekly chart, the downtrend line since 2022 remains the main contradiction. Price hugging the lower channel edge doesn’t automatically mean a bottom is confirmed; what really needs to be watched is whether, on a weekly timeframe, price can stay above the trend line consecutively and turn the 0.033–0.036 area from resistance into support. Short-term daily indicators don’t look great right now, which suggests the market is still probing rather than having already completed a breakout. Saying “approaching the trend line” equals “the trend is over” turns a hypothesis into a conclusion too early.
A deeper issue isn’t the target price—it’s the order of capital rotation. A common historical path is: Bitcoin finishes its dominant phase first, then ETH/BTC lifts, and only afterward do altcoins spread. If Bitcoin is still digesting its own resistance and ETH is merely rebounding in USD terms, the ratio may not immediately enter a major uptrend. Conversely, if Bitcoin enters a longer-cycle consolidation or a slow bull market, and Ethereum’s application layer, staking, and funding rates start re-attracting risk appetite, then 0.05 will be the first truly meaningful threshold, and 0.075 will be a topic for the next stage.
Many people read it as “the Ethereum era begins.”
First, break down the numbers. From 0.03 to 0.075, it’s not that ETH alone rose 150%; rather, ETH relative to BTC has been repriced by about 1.5x. Near the 2021 highs, this ratio generally sat around 0.07–0.08; in 2017, it even reached an extreme high of about 0.15.
0.075 isn’t fantasy, but it’s also not a foregone conclusion just because someone draws a line. Over the past four years, ETH can rise in USD terms while continuously underperforming BTC on the ETH/BTC pair—2023 and 2024 are typical examples. Relative weakness can last a long time.
Now look at the structure. On the biweekly chart, the downtrend line since 2022 remains the main contradiction. Price hugging the lower channel edge doesn’t automatically mean a bottom is confirmed; what really needs to be watched is whether, on a weekly timeframe, price can stay above the trend line consecutively and turn the 0.033–0.036 area from resistance into support. Short-term daily indicators don’t look great right now, which suggests the market is still probing rather than having already completed a breakout. Saying “approaching the trend line” equals “the trend is over” turns a hypothesis into a conclusion too early.
A deeper issue isn’t the target price—it’s the order of capital rotation. A common historical path is: Bitcoin finishes its dominant phase first, then ETH/BTC lifts, and only afterward do altcoins spread. If Bitcoin is still digesting its own resistance and ETH is merely rebounding in USD terms, the ratio may not immediately enter a major uptrend. Conversely, if Bitcoin enters a longer-cycle consolidation or a slow bull market, and Ethereum’s application layer, staking, and funding rates start re-attracting risk appetite, then 0.05 will be the first truly meaningful threshold, and 0.075 will be a topic for the next stage.