- ETH/BTC forms a stage three bottom structure at macro-range low resistance, historically preceding strong upward trends toward long-term range highs.
- Previous reclaim attempts show incomplete patterns, with the current extended formation potentially fueling a stronger breakout and prolonged ETH outperformance against BTC.
- Setup timing could align with Bitcoin’s second rally leg, driving capital rotation into ETH and accelerating a potential multi-month bullish trend.
CryptoAmsterdam, a market analyst known for tracking long-term crypto structures, has shared his latest view on ETH/BTC. After reviewing the pair’s multi-year chart, he sees a setup that could fuel a sharp breakout—but only if a critical resistance zone is reclaimed.
The Stage Three Bottom and Key Resistance
ETH/BTC is currently locked in what CryptoAmsterdam describes as a “stage three bottom formation”—a prolonged accumulation phase that often precedes major upside moves. Price is pressing against the macro range low resistance, a zone that has repeatedly triggered market traps, false breakouts, and shakeouts over the years.
Source: CryptoAmsterdam
In past cycles, reclaiming this range low has been one of the most reliable technical signals for an extended bullish run. Such a move has historically pushed ETH toward the top of its long-term range, with weeks or even months of outperformance against BTC. But until that resistance is cleanly broken, it remains a high-probability trap area.
“We could first see some ‘fuckery’—traps, dips, maybe even retests of the lows—before the real move happens,” he explains, noting that this stage is often about patience and positioning.
History Suggests the Move Could Be Big
This isn’t the first time ETH/BTC has tested this structure. Back in 2021, the pair briefly reclaimed the range low but only managed a stage four higher high before rolling over. That failed attempt didn’t break the macro bullish setup, leaving the door open for another push higher.
CryptoAmsterdam points to multiple historical patterns where the eventual breakout from this structure sent ETH sharply higher relative to BTC. This time, the formation has been in place for much longer, which could increase the breakout’s strength once it’s confirmed.
If the same structure plays out, ETH could see sustained market leadership for a significant stretch, drawing liquidity from BTC and other large caps. But as always, the confirmation lies in price action—without the reclaim, the setup remains incomplete.
Potential Timing With Bitcoin’s Second Leg
The broader market cycle could make this ETH/BTC setup even more explosive. Historically, Bitcoin leads early in a macro rally, with ETH and altcoins taking over once BTC pushes into its second leg toward new highs.
If Bitcoin delivers that second leg in the current cycle, ETH/BTC could ride the wave of fresh capital rotation, accelerating its move toward range highs. This sequence—BTC rally first, ETH strength second—has marked some of the most profitable phases for traders in previous cycles.
For now, ETH/BTC is at a pivotal stage. A decisive reclaim of the macro range low would be the signal many have been waiting for, potentially unlocking a multi-month period of ETH dominance. Until that break happens, the market stays in a holding pattern.
