Ether (ETH) is hinting at a potential 170% surge in under two months as historical patterns repeat against Bitcoin (BTC).
Key points:
Ether may retest long-term highs above 0.09 in Bitcoin terms.
The bull market narrative continues for the leading altcoin, with $3,700 as the next target.
Bitcoin could reach $100,000 as early as next week, according to analysis.
Trader on ETH bull run: “You know what’s coming”
Recent analysis published on X Friday by trader Mags reveals a similar ETH price trend to that of the 2021 bull market.
Ether has spent years drifting lower in BTC terms, but recent months have shifted the narrative to a bullish outlook.
As Mags points out, ETH/BTC hit a bottom in April, mirroring the lows that set the stage for the previous bull run.
A subsequent upward reversal resulted in an initial peak in February 2021, followed by a support retest—an echo of the current pattern. What follows could be welcome news for long-term ETH holders.
“At present, it aligns with the exact support from which it surged 170% in just 7 weeks, displaying seven consecutive weekly green candles, followed by a gradual distribution phase,” Mags noted.
“You know what’s coming.”
A 170% gain from current positions would elevate 1 ETH to around 0.092 BTC, or $8,500.
The performance of Ether against Bitcoin has caught the wider crypto community’s attention this week. Digital asset attorney Joe Carlasare noted ETH/BTC breaking free from a downtrend that persisted for nearly six months.
ETHBTC breaking out of a three month downtrend pic.twitter.com/OVkTxPdt6A
— Joe Carlasare (@JoeCarlasare) December 5, 2025
“I would love to see $ETH maintain this previous resistance zone as support,” crypto trader, analyst, and entrepreneur Michaël van de Poppe shared with followers on X Wednesday.
“What does that indicate? It suggests buyers are willing to step in at higher levels than last week, which could signal a potential rally to $3,700.”
$100,000 Bitcoin price back on the horizon
As Cointelegraph reported, discussions regarding a long-term BTC price bottom are continuing, supported by encouraging price indicators.
Related: ‘Inevitable’ $50K BTC price crash: 5 things to know in Bitcoin this week
Numerous metrics are beginning to reflect signals akin to those seen during the depths of the 2022 bear market for BTC/USD.
Nevertheless, significant apprehensions linger regarding Bitcoin’s strength at current levels, as even the 2025 yearly open at $93,500 remains unrecaptured as support.
“I still believe we have concluded this entire correction and are establishing a bottom, before proceeding to a rise towards the ATH,” Van de Poppe asserted on that day.
“If $91.5K holds as support, I would expect a test at $100K within the upcoming week.”
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. While we strive to provide accurate and timely information, Cointelegraph does not guarantee the accuracy, completeness, or reliability of any information in this article. This article may contain forward-looking statements that are subject to risks and uncertainties. Cointelegraph will not be liable for any loss or damage arising from your reliance on this information.
