Ethereum’s native token, Ether (ETH), may rally by over 80% against Bitcoin (BTC) in 2026, according to a classic bullish reversal scenario identified on its long-term charts.
Technical Signals Point to Major Upside
The ETH/BTC two-week chart is currently displaying a textbook Inverse Head-and-Shoulders (IH&S) formation, a classic bullish reversal pattern that typically follows prolonged downtrends.
- Pattern Formation: The left shoulder formed during the late-2024 period of weakness, followed by an aggressive capitulation in April 2025 that created the head around 0.0176 BTC. The subsequent recovery established a higher low in Q4 2025, forming the right shoulder.
- Neckline: The pattern’s neckline is situated around 0.0400 BTC, positioned between the 50-period (red) and 200-period (blue) Exponential Moving Averages (EMAs).
- Target: A decisive breakout above the 0.0400 BTC neckline would likely confirm the IH&S pattern, paving the way for a measured move toward 0.063 BTC in 2026. This upside target represents an 80% rally from the ETH/BTC rates recorded as of Thursday.
Potential for a Parabolic Fractal
ETH/BTC’s current rebound closely mirrors the breakout that followed its 2019-2020 accumulation phase, during which the pair rallied nearly 450% after bottoming within the same 0.0160–0.0200 BTC demand zone.
- Ether’s 2025 recovery originated from this identical structural floor.
- The price is now pressing into the same early-stage resistance cluster that preceded the massive parabolic expansion in 2020.
- Should this fractal continue to play out, ETH/BTC could climb toward the 0.059 BTC Fibonacci zone, a level consistent with the IH&S breakout trajectory heading into 2026.
The Overarching Challenge
Despite these strong bullish indicators, ETH bulls must still prove that the long-term downtrend against Bitcoin is truly over. Ether remains capped by a multi-year descending trendline that has rejected every breakout attempt against Bitcoin since 2017. A rejection at this long-term trendline could send the pair back toward the support area around 0.0175 BTC.
