Ether (ETH) teases 170% gains in less than two months as history repeats itself for Bitcoin (BTC).

Key Points:

• Ether has the potential to re-match long-term highs above 0.09 in Bitcoin terms.

• The bullish story for the largest altcoin continues with $3,700 being the next target.

• The analysis predicts that bitcoin alone could reach $100,000 as early as next week.

ETH Bullish Trader: “You Know What’s Coming”

Recent analysis released in October Trader Mags’ Friday shows that ETH’s price action is identical to the bull market in 2021.

Ether has been withering for years on a BTC basis, but the last few months have given a decidedly bullish edge to the narrative.

As Mags notes, ETH/BTC bottomed in April and then hit the exact lows that laid the foundation for the previous bull run.

An upward reversal then led to an initial high in February 2021, followed by a retest of support – a pattern that is currently being repeated. What happens next may be music to the ears of patient ETH lovers.

“It is currently sitting right near support, from which it has gone 170% in just 7 weeks, printing seven weekly green candles in a row, followed by a slow distribution phase,” commented Mags.

“You know what’s coming.”

A 170% raise from current levels would mean the price of 1 ETH would be around 0.092 BTC, or $8,500.

Ether’s price performance relative to Bitcoin has caught the attention of others in the crypto community this week. Digital asset lawyer Joe Carlasare has seen ETH/BTC break out of a downtrend that has lasted almost half a year.

ETHBTC breaks three-month downtrend pic.twitter.com/OVkTxPdt6A

— Joe Carlasare (@JoeCarlasare) December 5, 2025

I would love to see $ETH hold this previous resistance zone as support” – Cryptocurrency trader, analyst and entrepreneur Michaël van de Poppe he said X followers on Wednesday.

“What does that mean? Well, it means that buyers are willing to move higher than last week, and that would mean a potential upside to $3,700.”

Bitcoin price at $100,000 is back on the table

As Cointelegraph reports, talk of a long-term low for BTC also continues to be driven by promising price indicator data.

Related: “Inevitable” BTC price drop by 50,000. dollars: 5 things worth knowing about Bitcoin this week

Several indicators have begun to mirror the signals observed during the 2022 bear market for BTC/USD.

Despite this, there are still major concerns about Bitcoin’s strength at current levels, and even the 2025 yearly opening at $93,500 still cannot be reclaimed as support.

“I still think we’re done with the correction and we’re making a bottom before we get back to climbing towards ATH” – Van de Poppe he argued that day.

“If $91,500 holds as support, I assume we will see a test of $100,000 in the coming week.”

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.