🚀 ALTSEASON ALERT! ETH/BTC Showing Strong Bullish Signals! 🚀
Analysts are spotting some incredibly bullish patterns in the ETH/BTC exchange rate, hinting at a potential surge of 30% to 55%! This could be the trigger for a significant altcoin season, reminiscent of the epic runs in 2017 and 2021!
Here's the technical breakdown:
Cup & Handle and Bull Flag Patterns: These classic bullish formations are signaling a strong upward move for Ethereum against Bitcoin.
Key Resistance Breakout: If the ETH/BTC rate breaks above the critical neckline at 0.02596, we could see a powerful rally.
Target Price: A confirmed breakout could propel ETH/BTC towards 0.03814, representing a massive 55% increase from current levels! This target aligns with resistance levels seen in December 2024.
Anticipated Timeframe: This potential rise is eyed for by July!
Get ready to watch the charts closely! Could this be the start of the next major altcoin season? 📈