Ethereum could be on the verge of a massive price increase after its painful declines in late 2025 and early 2026 that brought it down toward $1,500.

July has already started on the right foot, with a double-digit increase in days. However, it follows two consecutive double-digit monthly declines.

Worst Is Over?

Popular analyst Michaël van de Poppe noted on X in a post from this weekend that “the worst period for ETH is over.” He believes that the altcoin is breaking out upwards and building a higher low against the market leader, which means “that we’re back in an uptrend.”

This comes after ETH closed June in the red, marking its third consecutive quarter with major losses for the first time ever. Moreover, each of those was by more than 20% – 28.28% in Q4 2025, another 29.26% in Q1 2026, and 25.28% in Q2 this year. Given the significance and rarity of this moment, van de Poppe said: “The chances of having four in a row are statistically very low.”

He also outlined the highly anticipated but not certain Clarity Act, which is expected to be signed into law by the end of the year and to benefit Ethereum a lot more than other assets, including BTC. He believes the potential approval will “unlock more liquidity flowing into the ETH ecosystem.”

Triple-Digit Surge Against BTC Next?

Merlijn The Trader shared a similar bullish opinion on ETH, especially against BTC. This is because ETH dipped to 0.026 against the market leader, which is a historically important level that has launched a major rally in the past.

He noted that the last time this signal appeared, the largest altcoin outperformed BTC by over 230%. ETH peaked at over 0.043 against bitcoin in August last year when it charted its ATH against the greenback, but it has been mostly downhill since then.

It indeed dipped to and below 0.026 in the past few weeks, but has managed to bounce and now sits at over 0.028. If it’s to mimic its past 230% surge, it could rocket past 0.08, a level not seen in four years.

Source: CryptoPotato