ETH/BTC presses against the 0.065–0.075 BTC zone, previously marking the start of the explosive 2021 altcoin season.
Monthly Stochastic RSI has crossed bullishly, confirming a historically strong signal preceding aggressive upward moves in altcoins.
The RSI is breaking above its long-term moving average, indicating a momentum shift favoring Ethereum and potential capital inflows into altcoins.
The ETH/BTC monthly chart is nearing a breakout point that historically marked the beginning of broad altcoin rallies, known as altseasons.
ETH/BTC Revisits 2021 Altseason Level
According to market analyst Crypflow, the ETH/BTC pair is once again testing the macro resistance zone that preceded the 2021 altseason. The chart shows ETH/BTC trading near the 0.065–0.075 BTC range, a level that triggered capital rotation from Bitcoin to Ethereum and other altcoins during the previous cycle.
https://twitter.com/_Crypflow_/status/1945042789726613534
Notably, this time the setup appears more developed. The pair has undergone a much deeper and longer downtrend, which may have further built momentum. The tweet notes that the market has experienced a prolonged consolidation, which could now lead to a sharper move upward if resistance is breached.
The technical structure reflects a market preparing for a shift. ETH/BTC as it nears the long-standing resistance, traders are particularly looking for a confirmed monthly close above it.
Bullish Momentum Builds on Technical Indicators
Stochastic RSI, a widely used momentum indicator, has just printed a bullish crossover on the monthly timeframe. Historically, this signal has appeared ahead of major rallies in Ethereum and altcoins.
At the same time, the traditional RSI is moving above its long-term moving average—a development seen as a shift in strength back to Ethereum. These indicators together point toward renewed buyer interest and potential for upward continuation.
The chart, as shared by Crypflow, suggests all three indicators—price action, RSI, and Stoch RSI—are aligning in a bullish direction. This alignment mirrors the pre-altseason structure observed in early 2021.
A Breakout Could Trigger Rapid Capital Rotation
Market conditions remain cautious, but sentiment may quickly shift if ETH/BTC confirms a breakout. Crypflow emphasized that “the spring is fully compressed,” indicating the potential speed of any upside move may exceed that of the last cycle.
Once ETH reclaims this level, past cycles show capital rotating quickly into large- and mid-cap altcoins. This shift often results in rapid gains across the broader altcoin market.
If a clean breakout occurs, a new wave of altcoin dominance may unfold faster than anticipated.
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