$ETH just surpassed $BTC and this could be a sign of an upcoming altcoin rally. In Q3, ETH rose over 26%, outperforming Bitcoin's return of 9.95%. This indicates that capital is gradually shifting from Bitcoin to altcoins ¹.

Some analysts believe that the groundwork for an altcoin season has been established. They point out that the strength of ETH often signals the beginning of an altcoin rally. Additionally, the cup and handle pattern on the ETH chart also shows an important bullish signal ¹.

However, it is also important to note that recent on-chain activities indicate that some whales are taking profits. This could create short-term resistance before the uptrend resumes ¹.

In summary, ETH surpassing BTC could be a sign of an upcoming altcoin rally. However, it is necessary to continue monitoring technical signals and on-chain activities to determine the next market trend.