Analysts see strong bullish signs in the ETH/BTC exchange rate. If Ethereum (ETH) breaks a key level against Bitcoin (BTC), it could rise by 30% to 55%.

🔍 Key Patterns Found

Two bullish chart patterns were spotted:

  • 🥤 Cup and Handle

  • 🚩 Bull Flag

These patterns often appear before a big price increase.

📊 Breakout Point: 0.02596

  • If ETH/BTC goes above 0.02596, it could shoot up to 0.03814

  • That would mean a 55% gain

  • This move could happen by July

  • It lines up with a key resistance level expected in December 2024

🪙 Why It Matters

A strong ETH/BTC rally might start an altcoin season — like in 2017 and 2021 — when many altcoins jumped in price.

🚨 What to Watch

  • 💡 Watch for a clean breakout above 0.02596

  • 📆 Keep an eye on price action before July

  • 🔁 Past trends show altcoins do well after ETH gains on BTC

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#ETH #BTC #Ethereum #Bitcoin #ETHBTC

Source: Binance News