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Analyst: If the ETH/BTC exchange rate breaks through key resistance levels, it could trigger an altcoin season | Binance Morning Report (June 1)
● [分析师：ETH/BTC突破将引发2025年山寨季](https://www.binance.com/cn/square/post/24991763863266?utm_source=NewsRoundup&utm_medium=BinanceBUs&utm_campaign=MultichannelPromotion)
According to Cointelegraph, Ethereum is forming a bullish cup and handle and bull flag pattern, which could bring a 30-55% upside. Analysts believe that an ETH/BTC breakout could trigger an altcoin season similar to 2017 and 2021. The ETH/BTC ratio is forming a cup and handle and bull flag pattern, indicating significant gains. The cup and handle pattern may break through the 0.02596 BTC neckline, targeting a price close to 0.03814 BTC, with an expected 55% increase by July. The bull flag pattern points to 0.03235 BTC, about 30% higher than current levels. Analyst Trader Tardigrade believes that a breakout of Ethereum against Bitcoin could trigger an altcoin season in 2025. Historical data shows that when Ethereum performs well against Bitcoin, the altcoin market has seen increases of over 2500%. Analysts like Sensei and Rinor also support this view.
According to Cointelegraph, Ethereum is forming a bullish cup and handle and bull flag pattern, which could bring a 30-55% upside. Analysts believe that an ETH/BTC breakout could trigger an altcoin season similar to 2017 and 2021. The ETH/BTC ratio is forming a cup and handle and bull flag pattern, indicating significant gains. The cup and handle pattern may break through the 0.02596 BTC neckline, targeting a price close to 0.03814 BTC, with an expected 55% increase by July. The bull flag pattern points to 0.03235 BTC, about 30% higher than current levels. Analyst Trader Tardigrade believes that a breakout of Ethereum against Bitcoin could trigger an altcoin season in 2025. Historical data shows that when Ethereum performs well against Bitcoin, the altcoin market has seen increases of over 2500%. Analysts like Sensei and Rinor also support this view.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
