Saad Ullah
Ethereum's been having a rough go of it lately—at least when measured against Bitcoin. After climbing over 140% from early 2025 lows, the ETH/BTC pair has given back about 20% from its peak near 0.042 BTC. But according to technical analyst, this pullback might actually be setting up a solid buying opportunity. The pair is now sitting in a historically important accumulation zone, and if it holds, Ethereum could be gearing up for its next move higher against Bitcoin.
The Technical Setup
ETH/BTC is now trading in what Michaël van de Poppe calls the "ideal zone for buys"—roughly between 0.030 and 0.033 BTC. This area has multiple factors working in its favor:
- Horizontal support: The 0.032 BTC level has acted as both resistance and support several times since mid-2024
- Breakout retest: Price has pulled back right to the spot that kicked off this year's rally
- Moving average stabilization: The 20-week moving average is flattening out, suggesting momentum may be bottoming
Below this zone, there's additional support around 0.026 BTC and 0.019 BTC (the 2025 low). But if ETH can hold above 0.033 BTC, it could bounce back toward 0.038–0.04 BTC.
What's Next?
The momentum picture isn't screaming panic—the RSI has cooled off from overbought levels without diving into oversold territory, which often happens before trends continue. Volume shows some selling but nothing that looks like full-blown capitulation. Historically, ETH tends to bottom against Bitcoin during periods of extreme BTC strength, then stage multi-month rallies once Bitcoin dominance stabilizes.
Right now, Bitcoin's been soaking up institutional demand while Ethereum consolidates. But with Layer-2 scaling picking up steam, DeFi activity returning, and staking upgrades on the horizon, this support zone could mark the start of Ethereum's next phase of outperformance. If it breaks down from here, though, a drop toward 0.026 BTC is on the table—so this level really matters.
Saad Ullah
