The ETH/BTC pair is testing a significant 8-year resistance level, potentially signaling the end of Ethereum's prolonged underperformance against Bitcoin. Analysts have identified a multi-year bullish divergence and a "W" pattern, suggesting accumulation and a possible trend reversal. A breakout above 0.036 could lead to Ethereum's outperformance and a resurgence in the altcoin market in 2026.
Currently trading at approximately 0.0344, ETH/BTC has seen a slight increase of 0.15% intraday and 2.50% over the past week. Despite these gains, the pair's 1-year performance remains down by 7.60%, highlighting Ethereum's relative weakness amid Bitcoin's rally. Technical indicators, including a multi-year "W" pattern and hidden bullish divergences, point to a potential macro bull market for ETH. A successful breakout above the weekly trendline could propel Ethereum to outperform Bitcoin, with resistance at 0.037 and targets beyond 0.043.
However, caution is advised as a rejection at this resistance could further weaken ETH against BTC. Broader market factors, such as Ethereum's ecosystem developments and Bitcoin's institutional appeal, will play a crucial role in this dynamic. Traders are advised to monitor volume and macro liquidity as this resistance test could shape the market narrative for 2026.
ETH/BTC Tests 8-Year Resistance, Eyes Potential Breakout in 2026
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