According to BlockBeats, analysts have identified a bullish pattern in the ETH/BTC exchange rate, indicating a potential increase of 30% to 55%. The formation of the 'cup and handle' pattern and the 'bull flag' pattern suggests a possible surge if the exchange rate exceeds critical resistance levels. This could trigger a significant altcoin season similar to what occurred in 2017 and 2021.

From a technical analysis perspective, if the ETH/BTC exchange rate breaks the neck line at 0.02596, the target price could reach 0.03814, representing a potential increase of 55%. This target aligns with the projected resistance level for December 2024. The anticipated timeframe for this potential rise is in July.