Ethereum Near Breaking Point Against Bitcoin and the Dollar

Ethereum is approaching key technical zones on both its BTC ratio and USD pair, according to chart signals from market analysts. Fresh higher lows on each chart now place the focus on whether buyers can defend support and force a decisive breakout.

ETH/BTC Monthly Ratio Shows Early Signs of Recovery

Analyst Bracco said the ETH/BTC monthly ratio is “coming back to life” as the market forms a pattern of higher lows. The monthly chart shows Ethereum’s performance against Bitcoin stabilizing after an extended downtrend. Recent candles hold above the prior bottom, indicating that sellers have not been able to push the ratio to new cycle lows.

ETH/BTCUSD 1M Ratio Chart. Source: Bracco / TradingView / X

He noted that these higher lows create a base that could support a broader recovery. The chart highlights how ETH has attempted to build structure for several months while volume remains steady. This behavior signals that selling pressure may be easing as participants reassess risk across major crypto assets.

Bracco added that, if the current bases hold and do not break lower, the pair could enter a squeeze higher. The setup reflects a common pattern in crypto markets, where prolonged compression often precedes sharp directional moves. The analyst pointed to this dynamic as the key scenario to watch in the coming weeks.

Analyst Flags Key Support Zone for Ethereum

Analyst Jelle said Ethereum has returned to an “interesting spot” on the chart after a false breakout from a large megaphone pattern. Price pushed above the upper boundary of the structure but quickly reversed, turning the move into a fakeout rather than a clean breakout.

ETHUSD Price Chart. Source: Jelle / TradingView / X

Despite that failure, Jelle noted that ETH has so far held a key horizontal support band. The latest reaction from that zone has carved out a higher low versus the prior major bottom, preserving the broader uptrend structure on his chart.

He added that a fresh breakout near the 4,000 dollar area would be the next technical hurdle to watch. If ETH can reclaim and hold above that level, Jelle suggested the move could open room for a stronger continuation rally.