According to chart signals from market analysts, Ethereum is approaching major technical zones on both the BTC ratio and the USD pair. A new low on each chart focuses on whether buyers can defend the support and force a decisive breakout.
ETH/BTC monthly ratio shows early signs of recovery
Analyst Bracco said the ETH/BTC monthly ratio is “coming back to life” as the market forms a pattern of higher lows. The monthly chart shows that Ethereum’s performance relative to Bitcoin has stabilized after a long period of downward trend. Recent candlesticks have been trading above previous lows, indicating that sellers have not been able to push this ratio to new cycle lows.

ETH/BTCUSD 1 million ratio chart. sauce: Bracco / TradingView /
He noted that higher lows create a foundation that could support a broader recovery. This chart highlights how ETH was trying to build structure over several months while volume was stable. The move signals that selling pressure may be easing as participants reassess the risks across major crypto assets.
Bracco added that if the current base holds and there is no further break down, the pair could enter into a higher squeeze. This setup reflects the general pattern in cryptocurrency markets, where sharp directional moves are often preceded by long periods of compression. The analyst noted that this development is an important scenario to watch in the coming weeks.
Analysts flag major support zone for Ethereum
Analyst Jere said: Ethereum has returned to an “interesting spot” on the chart after a false breakout from a massive megaphone pattern. The price rose above the top of the structure, but quickly reversed and the move became a fakeout rather than a clean breakout.

ETHUSD price chart. sauce: Gel / TradingView / X
Despite that failure, Jere said: Ethereum So far it has held onto the major horizontal support bands. The latest reaction from that zone carved out a higher low relative to the previous major bottom and maintained the broader uptrend structure on his chart.
He added that a new breakout around $4,000 will be the next technical hurdle to watch. If ETH can regain and maintain that level, this move could create room for an even stronger rally, Jelle suggested.

