Ether (ETH) is hinting at a potential 170% rise in under two months, echoing past trends against Bitcoin (BTC).
Key points:
Ether may revisit long-term peaks above 0.09 in Bitcoin terms.
The bullish narrative for the largest altcoin persists, targeting $3,700 next.
Bitcoin could reach $100,000 as early as next week, according to forecasts.
Trader on ETH bull run: “You know what’s coming”
Recent analysis shared on X Friday by trader Mags indicates ETH price action mirroring the 2021 bull market.
After years of decline in BTC terms, Ether’s recent months signal a strongly bullish trajectory.
As Mags points out, ETH/BTC hit its low in April, mirroring the lows that preceded the previous bull run.
A subsequent upward shift created an initial peak in February 2021, followed by a support retest — a pattern currently repeating. The potential outcomes may delight long-term ETH holders.
“At present, it’s resting on the same support that led to a 170% increase in just 7 weeks, displaying seven consecutive weekly gains, followed by a gradual distribution phase,” Mags remarked.
“You know what’s coming.”
A 170% increase from current positions would place 1 ETH at approximately 0.092 BTC, or $8,500.
This week, Ether’s performance against Bitcoin garnered additional attention in the crypto community. Digital asset attorney Joe Carlasare noted that ETH/BTC had broken free from a downtrend lasting nearly six months.
ETHBTC breaking out of a three month downtrend pic.twitter.com/OVkTxPdt6A
— Joe Carlasare (@JoeCarlasare) December 5, 2025
I’d love to see $ETH maintain this former resistance zone as support,” crypto trader, analyst, and entrepreneur Michaël van de Poppe mentioned to X followers on Wednesday.
“What does that indicate? It shows that buyers are willing to step in at higher levels than last week, signaling a possible rally to $3,700.”
$100,000 Bitcoin price back on the table
As Cointelegraph highlighted, discussions around a long-term BTC price bottom persist amid encouraging indicator data.
Related: ‘Inevitable’ $50K BTC price crash: 5 things to know in Bitcoin this week
Multiple indicators have started to reflect signs seen during the depths of the 2022 bear market for BTC/USD.
Yet, significant concerns linger regarding Bitcoin’s resilience at current price levels, with even the 2025 yearly open at $93,500 not reclaimed as support.
“I still believe we’ve completed this correction and are setting a bottom, preceding a resurgence toward the ATH,” Van de Poppe argued on that day.
“If $91.5K remains as support, I would expect a test around $100K in the coming 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.
