The #Etharium -to #Bitcoin❗ (ETH/BTC) chart on the weekly timeframe is currently showing a crucial technical setup that could determine the next major directional move between the two largest cryptocurrencies.
After a prolonged downtrend that lasted through much of 2023 and early 2024, Ethereum recently managed to break above the long-term descending trendline, signaling potential strength against Bitcoin. However, the chart now reveals a trendline retest — a classic technical scenario where the price pulls back to confirm the breakout level as new support.
If Ethereum holds this level, it could confirm the trend reversal and potentially mark the beginning of a new bullish cycle for ETH relative to BTC. Traders will be watching closely for a strong bounce or bullish candle formation in the coming weeks, which could validate the breakout and set the stage for upward momentum.
On the other hand, a failure to hold above this key trendline could invalidate the bullish setup and send ETH/BTC back into consolidation or even resume its previous downtrend.
Overall, this trendline retest is a decisive moment for Ethereum in its battle for dominance against Bitcoin. Market participants should monitor this zone carefully as it could dictate the relative strength between the two assets heading into 2026.
