{"id":78956,"date":"2026-04-03T12:01:32","date_gmt":"2026-04-03T12:01:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=78956"},"modified":"2026-04-03T12:01:32","modified_gmt":"2026-04-03T12:01:32","slug":"ethereum-looks-to-bottom-against-bitcoin-what-the-charts-are-saying","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=78956","title":{"rendered":"Ethereum Looks To Bottom Against Bitcoin: What The Charts Are Saying"},"content":{"rendered":"<div>\n<p>Ethereum has spent the <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-extends-losses-2000\/\" rel=\"nofollow noopener\" target=\"_blank\">better part of recent months<\/a> losing ground to Bitcoin, and this underperformance may <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-recovery-picks-up-2050\/\" rel=\"nofollow noopener\" target=\"_blank\">now be approaching a turning point,<\/a> at least according to a new technical outlook shared by crypto analyst CrediBULL Crypto. The technical analysis shows that the ETH\/BTC pair is no longer breaking down and is now quietly settling down at a level that has always led to sell-off exhaustion in the pair.<\/p>\n<h2>ETH\/BTC Holds Range Lows As Selling Pressure Fades<\/h2>\n<p>The ETH\/BTC 12-hour chart <a href=\"https:\/\/x.com\/CredibleCrypto\/status\/2039052579918012875?s=20\" rel=\"nofollow\">tells a story that <\/a>has been unfolding since July 2025 and is now nearing a completion. The ETH\/BTC chart shows a pair that has spent recent months grinding lower before finally reaching a support zone. As shown in the chart below, the ETH\/BTC ratio has been in a sustained decline for the past few years from a peak near 0.0420 in mid-2025, which the analyst labels as wave 5 of a completed five-wave impulse.\u00a0<\/p>\n<p>The ratio worked its way down through a series of lower highs and lower lows throughout the second half of 2025 and January 2026. However, it has been compressed between February and March into what looks like a macro support zone between approximately 0.02143 and 0.02626.<\/p>\n<p>This support was noted by CrediBULL Crypto as being important in this context, with the analyst pointing out with confidence that the ETH\/BTC pair <a href=\"https:\/\/www.newsbtc.com\/news\/ethereum\/when-ethereum-hit-bottom\/\" rel=\"nofollow noopener\" target=\"_blank\">is bottoming here<\/a> and is in a final stage <a href=\"https:\/\/www.newsbtc.com\/news\/ethereum\/8-year-ethereum-convergence\/\" rel=\"nofollow noopener\" target=\"_blank\">preceding a true breakout<\/a> from the current range.<\/p>\n<p><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" class=\"size-medium wp-image-672910 aligncenter\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/04\/Ethereum-price-1.png?w=512&amp;resize=512%2C281\" alt=\"Ethereum price 1\" width=\"512\" height=\"281\"><\/p>\n<p style=\"text-align: center;\"><a href=\"https:\/\/x.com\/CredibleCrypto\/status\/2039052579918012875?s=20\" rel=\"nofollow\">Ethereum\/Bitcoin Chart. Source: @CredibleCrypto On X<\/a><\/p>\n<h2>Reclaim Of Range Could Cause A 20% Outperformance Move<\/h2>\n<p>The Elliott Wave labeling on the chart frames the current structure on the ETH\/BTC pair as a (w)-(x)-(y) correction after the previous five-wave impulse that peaked in mid-2025. Wave (w) has played out in full, and the projection is a wave (x) move that should see the Ethereum price going on a 20% move up on the Bitcoin price.<\/p>\n<p>The most important step in this projected move is reclaiming the previous range lows around 0.0308-0.031, which have now flipped into resistance. Failure to reclaim the level would likely <a href=\"https:\/\/www.newsbtc.com\/news\/ethereum\/ethereum-nearly-5-familiar-leverage-plays-out\/\" rel=\"nofollow noopener\" target=\"_blank\">delay this scenario<\/a>, but the current price action has been characterized by <a href=\"https:\/\/www.newsbtc.com\/news\/ethereum\/ethereum-compression-deepens\/\" rel=\"nofollow noopener\" target=\"_blank\">repeated attempts to push higher.<\/a><\/p>\n<p>Switching to the ETH\/USD 30-minute chart, the analyst overlays a Wyckoff Accumulation schematic to the current price action. The Ethereum\/USD chart complements the ETH\/BTC outlook, showing price trading in a range just above $2,000. This is above a notable support level around the $1,900-$1,950 range, where multiple reactions have occurred.<\/p>\n<p><img loading=\"lazy\" data-recalc-dims=\"1\" decoding=\"async\" class=\"alignnone size-medium wp-image-672911 aligncenter\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/04\/Ethereum-price-2.png?w=512&amp;resize=512%2C281\" alt=\"Ethereum price 2\" width=\"512\" height=\"281\"><\/p>\n<p style=\"text-align: center;\"><a href=\"https:\/\/x.com\/CredibleCrypto\/status\/2039052579918012875?s=20\" rel=\"nofollow\">Ethereum Price Chart. Source: @CredibleCrypto<\/a><\/p>\n<p>There\u2019s also a pink resistance zone above, which is around roughly $2,120 to $2,200. CrediBULL Crypto\u2019s projection, illustrated by the green arrows, envisions a brief retest of support below $1,900 before an upside resolution that pushes the ETH price above the pink resistance zone to $2,400 and maybe higher.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-medium\" src=\"https:\/\/www.tradingview.com\/x\/rgBIes4W\/\" alt=\"Ethereum price chart from Tradingview.com\" width=\"3280\" height=\"1878\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum has spent the better part of recent months losing ground to Bitcoin, and this underperformance may now be approaching a turning point, at least according to a new technical outlook shared by crypto analyst CrediBULL Crypto. The technical analysis shows that the ETH\/BTC pair is no longer breaking down and is now quietly settling [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-78956","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/78956","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=78956"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/78956\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=78956"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=78956"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=78956"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}