According to BlockBeats, technical analysts have spotted bullish signals in the ETH/BTC trading pair, pointing toward a potential price increase of 30% to 55%. Two key chart patterns—the "cup and handle" and the "bull flag"—suggest that if ETH/BTC can break above a crucial resistance level, it may lead to a strong upward move. This breakout could also mark the beginning of a major altcoin season, much like what was seen in 2017 and 2021.

Specifically, if ETH/BTC crosses the neckline at 0.02596, the price could potentially rise to 0.03814, which would be a 55% gain. This target also lines up with a resistance level forecasted for December 2024, and analysts expect this move could happen by July.