Ethereum may be poised for a significant price surge following its steep declines in late 2025 and early 2026, which saw its value approach $1,500. July has commenced positively, marked by a double-digit increase in days. However, it follows two successive monthly declines in double digits. Analyst Michaël van de Poppe remarked on X in a post from this weekend that “the worst period for ETH is over.” He posits that the altcoin is experiencing an upward breakout and establishing a higher low relative to the market leader, indicating that “that we’re back in an uptrend.” This follows ETH’s closure in June with negative performance, signifying its third consecutive quarter of significant losses for the first time in history.
Moreover, each of those exceeded 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 remarked: “The chances of having four in a row are statistically very low.” He also outlined the highly anticipated but uncertain Clarity Act, which is expected to be signed into law by the end of the year and to benefit Ethereum significantly more than other assets, including BTC. He believes the potential approval will “unlock more liquidity flowing into the ETH ecosystem.” Merlijn expressed a comparable optimistic view on ETH, particularly in relation to 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 observed that during the previous occurrence of this signal, the largest altcoin surpassed BTC by more than 230%. ETH reached a high of over 0.043 against bitcoin in August of the previous year, coinciding with its all-time high against the dollar; however, it has experienced a general decline since that peak. It has indeed experienced a decline to and below 0.026 in recent weeks; however, it has subsequently rebounded and currently stands at over 0.028. If it is to replicate its previous 230% increase, it could soar beyond 0.08, a threshold that has not been reached in four years.