2026-01-18 09:21:17

Looking at the recent performance of Ethereum relative to Bitcoin, it's quite interesting.

The relative strength of ETH/BTC is beginning to show signs—since the low on November 3rd, the lows have been gradually rising, forming a clear inverse head and shoulders pattern on the technical charts. What does this pattern usually indicate? A trend reversal, a prelude to a medium-term rally.

Based on the current structural position and Fibonacci retracement levels, we can calculate several key target zones for Ethereum (converted to the current price):

- 50% retracement corresponds to $5,766
- 0.618 Fibonacci level at $6,658
- 100% retracement points to $9,547

This is not short-term volatility noise but the result of two forces acting simultaneously: relative strength and structural correction. Once ETH/BTC maintains its upward momentum, Ethereum outperforming Bitcoin in the upcoming market movements will no longer be surprising.

The market structure is changing, and opportunities often hide in the details. While maintaining a bullish outlook on Bitcoin, don't overlook Ethereum's potential for a rebound in this cycle.

ETH0,92%

BTC0,06%

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ForkItAllDay

· 10h ago

The reverse head and shoulders theory is back again. Every time, they say it will reverse, but what happens? However, this time the data is indeed a bit solid. I've noted the 9547 target, betting that ETH can make up for it.

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GateUser-addcaaf7

· 10h ago

I'm a believer in the inverse head and shoulders pattern, but can it really reach 9547? That's a bit of an overstatement. The price will depend on the market sentiment.

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TradFiRefugee

· 10h ago

The inverse head and shoulders pattern is quite strong this time. I feel like ETH is really going to turn around this time.

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NFTragedy

· 10h ago

Inverse head and shoulders are back again. Every time they say it will reverse, so is this time for real? --- That position at 6658 feels a bit shaky. Let’s see if it can hold. --- Honestly, if ETH can really catch up this time, I’ll be laughing. It’s been suppressed for so long. --- Fibonacci is back again. Everyone uses different numbers. Who the heck can believe it? --- But on the other hand, inverse head and shoulders combined with a low point rebound—there’s actually something to it. --- 9547? I wouldn’t even dare to think about it. Let’s see if it can break 6000 first. --- Details hide opportunities. I’ve heard this phrase too many times. Let’s watch the trend and then talk big.

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OnchainHolmes

· 10h ago

The inverse head and shoulders pattern is so obvious that a rebound should have happened already. It all depends on whether it can break through the 9500 level.

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