From Cointelegraph
May 31, 2025 10:38 AM:

Ethereum’s bullish cup-and-handle and bull flag patterns against Bitcoin hint at a potential 30-55% upside, triggering optimism for a major altseason similar to 2017 and 2021. Historical altcoin trends suggest a potential 250x rally by 2025 if patterns repeat, with ETH forming classic bullish patterns against BTC. Analysts predict a breakout could lead to the next altcoin season.ETH/BTC indicators show potential for a 30-55% rally by July, with cup-and-handle and bull pennant patterns signaling massive gains. Technical targets near 0.03814 BTC imply a 55% upside, aligning with December 2024 resistance levels. A breakout could push ETH/BTC to 0.03235 BTC, 30% higher than current levels by July, aligning with January-February 2025 levels.Analysts anticipate that Ethereum’s breakout against Bitcoin could kickstart the altseason in 2025, drawing parallels to the 2020-2021 market rallies. Other analysts support the altseason thesis, with historical patterns indicating potential for a 250,000% rally in altcoins. Altcoin market cap relative to Bitcoin suggests massive rallies, fueling optimism for another altseason. Analysts note altcoins breaking out of a seven-year falling wedge, signaling a powerful rally akin to 2017 may be imminent.

Read more at Cointelegraph: Ethereum’s 50% rally setup vs. Bitcoin sparks altseason hopes