ETH/BTC Tests Four-Year Resistance Level. Here's What It Means.

cryptonews.ruPublished on 2026-07-29Last updated on 2026-07-29

Abstract

The ETH/BTC pair is testing a four-year resistance level against a backdrop of a rising copper-to-gold ratio. According to market analyst Michael van de Poppe, after nearly four years of underperformance, the altcoin is approaching a critical technical test against Bitcoin. The copper-to-gold ratio is rising after breaking its long-term downtrend structure. The analyst suggests ETH/BTC could follow a similar path if it overcomes the remaining technical resistance. Historical cycles indicate that ETH/BTC recovery typically began three to six months after the copper/gold pair bottomed. If this pattern holds, Ethereum could break its long-term resistance against Bitcoin in the coming weeks. However, macroeconomic conditions remain unfavorable for risk assets. Analysts cite a 60% probability of a September rate hike and the 10-year Treasury yield nearing 4.6% as headwinds for high-risk markets. Confirming a breakout would require a sustained weekly close above the long-term resistance level and for the ETH/BTC pair to hold above reclaimed moving averages. At the time of writing, Bitcoin was trading at $63,912, down 1.76% over 24 hours, while Ethereum corrected 1.51% to $1,907.

$ETH/$BTC is testing a four-year resistance level against the backdrop of a rising copper-to-gold ratio. According to market analyst Michael van de Poppe, after lagging for nearly four years, the altcoin is approaching a critical technical test relative to Bitcoin.

The copper-to-gold ratio is rising after breaking out of its long-term downtrend structure. The analyst believes that $ETH/$BTC could follow a similar path if the pair overcomes the remaining technical resistance.

Past cycles have shown that recoveries in $ETH/$BTC occurred three to six months after the copper/gold pair bottomed. If this historical pattern holds, Ethereum could break through long-term resistance against Bitcoin in the coming weeks.

However, macroeconomic conditions still remain unfavorable for risk assets. Among the problems, analysts cite a 60% probability of a rate hike in September and the fact that 10-year Treasury yields have approached 4.6%, creating another obstacle for high-risk markets. To confirm a breakout, a sustained weekly close above the long-term resistance level will be needed, along with the $ETH/$BTC pair consolidating above reclaimed moving averages.

At the time of writing, Bitcoin was trading at $63,912, down 1.76% over the past 24 hours, while Ethereum lost 1.51% during the same period and corrected to $1,907.

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Related Questions

QWhat critical technical test is Ethereum (ETH) approaching against Bitcoin (BTC) according to the article?

AEthereum is approaching a critical technical test as the ETH/BTC pair is testing a four-year resistance level.

QAccording to market analyst Michael van de Poppe, what might happen if the ETH/BTC pair overcomes its remaining technical resistance?

AAccording to the analyst, if the ETH/BTC pair overcomes its remaining technical resistance, it might follow a similar path to the copper/gold ratio, which has risen after breaking its long-term downtrend structure.

QBased on past cycles, how long after the copper/gold ratio bottomed did the ETH/BTC recovery typically occur?

ABased on past cycles, the recovery of the ETH/BTC pair occurred three to six months after the copper/gold ratio bottomed.

QWhat are two macroeconomic factors mentioned that are still unfavorable for risk-on assets?

ATwo unfavorable macroeconomic factors mentioned are: a 60% chance of an interest rate hike in September, and the yield on 10-year Treasury notes approaching 4.6%, which poses a challenge for high-risk markets.

QAccording to the article, what is needed to confirm a breakout for the ETH/BTC pair?

ATo confirm a breakout, a sustained weekly close above the long-term resistance level is needed, along with the ETH/BTC pair holding above the recovered moving averages.

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