Ethereum could gain about 95% vs Bitcoin if 0.042 BTC neckline breaks

Ether could rally roughly 95% against Bitcoin if the ETH/BTC pair breaks decisively above a key neckline near 0.042 BTC, according to a bullish inverse head-and-shoulders pattern forming on the ETH/BTC chart.

The pattern’s upside target is around 0.066 BTC, calculated by measuring the distance between the head’s low and the neckline. A similar inverse head-and-shoulders structure on ETH/BTC from 2019–2021 resolved with a roughly 95% breakout above its neckline. Analyst Michaël van de Poppe said over the weekend that the pair had bottomed in April 2025 and was due for further gains in 2026.

The bullish thesis would be invalidated if ETH/BTC fails to complete the right shoulder and instead breaks lower from its current consolidation. On shorter time frames the pair appears to be forming a bear pennant, and a confirmed breakdown from that structure would likely drag the pair toward a pennant target near 0.024–0.025 BTC and prevent a rally toward the neckline.

Confirmation of the reversal would require a decisive breakout above the neckline resistance; a breakdown would signal that Ether’s relative downtrend against Bitcoin remains intact. This article does not contain investment advice or recommendations.

Key Topics

Crypto, Eth/btc Pair, Bitcoin, Bear Pennant, Van De Poppe, Neckline Resistance