Ethereum was in the spotlight after months of sustained underperformance that left Ethereum bulls deeply dissatisfied. $ETH/$BTC cross asset pair Finally, signs of life began to appear.
According to prominent market trader Karpe Noktom, the daily $ETH/$BTC The chart is nearing a major convergence of technical buy signals.
However, given the pair’s history of head fakes and false starts over the past year, market participants are remaining disciplined and waiting for final confirmation before actively participating in trades.
stare at the clouds
The asset spent late 2025 and early 2026 trapped within a descending rake channel.
of $ETH/$BTC The spot exchange rate is currently trading at 0.028. This is directly interacting with the thick red shadow Ichimoku cloud and the key red downtrend line designated as the “mega diagonal resistance”.
$ETH/$BTC
While warming up, we are approaching the kumo breakout + ML PF break. Also pay attention to the megadiagram. This has continued to disappoint for months, so I won’t touch on it until we see a breakout. pic.twitter.com/QfytzhF3u8
— CarpeNoctom (@CarpeNoctom) July 4, 2026
The yellow arrow superimposed on the chart outlines the expected future path. If Ethereum can break through the upper bound of this pitchfork channel and gather enough bullish momentum to cause a full-blown “cloud breakout,” it will open up a clear technical path that will push upward toward the 0.036 zone by the end of summer.
“Lean Ethereum” roadmap
Meanwhile, Ethereum’s core developers are completely reinventing the network’s underlying architecture in order to cause a long-term fundamental reversal.
Following a high-level research summit held in Berlin two weeks ago, Ethereum co-founder Vitalik Buterin has unveiled the network’s latest development blueprint.
The roadmap, dubbed “Lean Ethereum,” outlines the third major iteration of the protocol and represents a multi-year restructuring phase as important as the historic transition known as the “merge.”
According to the official project summary published at strawmap.org, the four-year upgrade cycle will impact nearly every major core mechanism of the protocol to future-proof the network.
