Ethereum's 55% rally setup vs. Bitcoin sparks ‘altseason’ hopes

Key takeaways:

• Ethereum is forming bullish cup-and-handle and bull flag patterns against Bitcoin, signaling a potential 30–55% upside.
• Analysts say an ETH/BTC breakout could trigger a major altseason, similar to those in 2017 and 2021.
• Historical altcoin market patterns suggest potential for a 250x rally in 2025 if trends repeat.

Ethereum’s native token, Ether (ETH), is forming at least two classic bullish patterns versus Bitcoin (BTC), fueling optimism that a breakout could trigger the next altcoin season.

Ether indicators hint at 30-55% rally next

The Ether-to-Bitcoin ratio (ETH/BTC) is forming a cup-and-handle and a bull pennant pattern, each indicating massive gains.

In the cup-and-handle scenario, ETH/BTC suggests a potential breakout above the 0.02596 BTC neckline, with a technical target near 0.03814 BTC, implying a 55% upside by July.

ETH/BTC daily price chart. Source: TradingViewThe 0.03814 BTC level aligns with the December 2024 resistance level.

The bull flag pattern, on the other hand, indicates a potential breakout toward 0.03235 BTC, about 30% above current levels, by July. The upside target aligns with the January-February 2025 levels.

ETH/BTC daily price chart. Source: TradingView## ETH/BTC breakout will lead to altseason— analyst

Ethereum’s breakout versus Bitcoin could initiate the altseason in 2025, according to analyst Trader Tardigrade.

Source: Trader TardigradeThe outlook takes cues from periods when Ether’s outperformance versus Bitcoin has coincided with massive rallies in the altcoin market, namely the 2,500%-plus gains during the 2020-2021 crypto bull market.

Related: Ethereum flashes ‘altseason’ signal as ETH price eyes $4.1K

Other analysts reinforce the altseason thesis, namely Sensei, who shows the altcoin market cap relative to Bitcoin retesting a long-term ascending support trendline.

Historically, each bounce from this level has preceded massive altcoin rallies—one leading to a 9,000% surge and another to a 180,000% explosion in market capitalization.

Altcoin market performance vs. Bitcoin. Source: SenseiThis chart anticipates a 250,000% rally in altcoins based on a repeating historical pattern of altseasons. Analyst Rinor also anticipates the same.

Analyst Moustache also notes that altcoins are breaking out of a seven-year falling wedge, a pattern that preceded major rallies in 2017 and 2020, signaling another altseason may be near.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

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