Ethereum, which has been under pressure in the cryptocurrency markets for a long time
$3,036.85,Bitcoin
$90,846.46 It crossed a technically important threshold. The upward break of the months-long falling wedge formation in the ETH/BTC parity is interpreted as a signal of strengthening in the relative performance of Ethereum. This move, which comes after weeks of stuck price movement, is supported by the increase in trading volume and the positive divergence in intraday performance. Although the market in general is still cautious, the outlook on the technical side has begun to turn in favor of Ethereum.
What Does the ETH/BTC Chart Say?
The falling wedge formation is often considered a leading signal of a possible trend reversal in technical analysis. This formation occurs when prices make lower peaks within an increasingly narrow band and indicates that the selling pressure is weakening. This structure, which has been continuing on the ETH/BTC chart since the beginning of September, seems to have ended with the upper trend line being crossed in recent days. This gave rise to the expectation that Ethereum could regain strength against Bitcoin.

According to the evaluations of technical analysts, the breakout occurred with a controlled rise rather than a sharp and sudden price explosion. Especially in the last part of the formation, it was noteworthy that the sellers lost their power and the buyers moved the price up with small but determined moves. Staying above important support areas on the daily chart increases the likelihood that this movement will turn into a more permanent trend start rather than a “fake breakout”.
On the market data side, there are also signals that support this technical chart. According to CoinMarketCap data, Ethereum gained around 0.5 percent in value during the day and attracted attention with its transaction volume exceeding 19 billion dollars. The over 30 percent increase in volume indicates that there is genuine buyer interest behind the breakout. According to analysts, if the parity manages to hold on above the broken trend line, the 0.038–0.040 band may come to the fore as a target in the short term.
Market Balances and Current Developments
This movement in the ETH/BTC pair also challenges the market dynamics shaped by Bitcoin’s clear dominance in recent months. The fact that Bitcoin was at the forefront throughout 2025 thanks to strong ETF flows and institutional demand caused many altcoins to remain relatively in the background. However, in recent days the situation has begun to change partially. While Bitcoin retreated more than 1 percent in intraday transactions, Ethereum increased up to 2 percent in the same hours, suggesting a short-term change in direction in investor preferences.
Simultaneously with this technical breakdown, another notable development took place on the Ethereum front, also on the fundamental side. The amount of staking on the network reached a new record level, showing that long-term investors continue to accumulate ETH. In addition, the increase in ETH withdrawals from major exchanges to wallets is interpreted as a signal that the short-term selling pressure in the market may decrease. These developments reveal that not only the chart formation but also the fundamental dynamics play a role behind the technical breakout.
However, the cautious atmosphere remains in the overall crypto market. Global macroeconomic uncertainties and expectations regarding US interest rate policy continue to limit investors’ risk appetite. For this reason, experts emphasize that it will become clear in the next few weeks whether the rise in ETH/BTC parity will turn into a permanent trend.
As a result, although the falling wedge break in the ETH/BTC parity reveals a technically promising picture in favor of Ethereum, it should not be forgotten that the market is still fragile. Even as increased volume and relative strength present a positive outlook in the short term, Bitcoin’s decisive role on the overall market remains. Therefore, the critical point for investors will be whether Ethereum can maintain this technical advantage over a period of several weeks.

