Pressure is mounting on Ethereum as the ETHBTC pair breaks out of a key descending triangle structure. The needy performance against Bitcoin suggests that bearish momentum may continue to dominate the market, leaving Ethereum vulnerable to deeper declines withdrawal unless bulls quickly regain critical resistance levels.

Rejection of the ETHBTC trendline keeps pressure on Ethereum

Cryptocurrency analyst Ardi recently he noticed that Ethereum continues to face weakness against Bitcoin as ETHBTC rejects its major downtrend line. Repeated rejections of this structure escalate the likelihood that Ethereum will print up-to-date cycle lows against the US dollar if broader market conditions continue to weaken.

Meanwhile, ETHBTC is starting to break out of descending triangle support, signaling increasing bearish pressure on the pair. The analyst also noted that Ethereum is currently trading lower than when BTC was hovering around $60,000, highlighting the extent of ETH’s relative underperformance in recent months. Based on the current structure, Ardi believes that if the cryptocurrency market experiences another broad decline, Ethereum could fall to up-to-date lows before Bitcoin even returns to the $60,000 level.

Ethereum is currently holding above the cycle low it set against Bitcoin last April, which represents a higher low on the macro chart. As long as this support continues, Ardi believes ETH still has the potential to establish a broader top-bottom structure and prepare for a possible reset as the next market cycle approaches.

Ethereum pullback remains corrective despite short-term pressure

According to More Crypto Online, short-term bear pressure on Ethereum remains lively, while the recent decline still appears to be correcting rather than being the beginning of a stronger impulsive sell-off. While the broader market structure remains volatile, analysts noted that there is still no substantiated evidence to suggest that a major long-term high has fully formed.

The expert explained that Ethereum could still attempt another upward move as long as the price action remains above the lower boundary of the current channel and continues to stay within the lively support zone. Immediate support levels are around $2,187 and $2,122. A successful breakout above the resistance area at $2,318 could open the way towards the $2,646 region.

However, More Crypto Online warned that the outlook could become significantly bearish if Ethereum breaks decisively below the lower channel support. Such a move would escalate the likelihood that a larger market high is already in place and could shift attention back toward February lows.

For now, the structure still points to a corrective pullback rather than a confirmed trend reversal. Key support levels remain at $2,187, $2,122 and $2,037, while resistance is at $2,318 and $2,646. Until sellers cause a stronger collapse, Ethereum’s larger recovery structure technically remains alive despite continued weakness.