Ethereum is breaking long-term resistance against both the U.S. dollar and Bitcoin. Holding above these breakout levels could open a move toward $3,500 while strengthening ETH’s chances of outperforming BTC.
Ethereum Breakout Opens Path Toward $3,500
Ethereum has moved above a descending resistance line that controlled its daily trend for nearly a year. Analyst Crypto Patel said the breakout shifts momentum toward buyers, provided ETH continues holding above the former trendline.
ETH daily chart. Source: Crypto Patel/X
The breakout area around $1,850–$1,900 now needs to act as support. Holding it could open a recovery toward $2,350 and $2,950 before Ethereum challenges the larger $3,350–$3,500 resistance zone.
However, $3,500 remains a distant and conditional target. A daily close back below the broken trendline would weaken the breakout and increase the risk of another decline toward $1,700–$1,550.
ETH/BTC Breaks Its 11-Month Downtrend
Ethereum has broken above an 11-month descending trendline against Bitcoin, according to analyst Ted. The move suggests ETH may be entering a period of stronger relative performance after months of weakness.
ETH/BTC weekly chart. Source: Ted/X
The pair now needs to hold above the broken trendline and reclaim 0.03 BTC to confirm the breakout. Continued strength could bring the 0.032 BTC and 0.034 BTC resistance levels into focus.
However, a weekly close back below 0.028 BTC would weaken the setup. A deeper decline toward 0.026 BTC would suggest the broader ETH/BTC downtrend remains active.
