The ETH/BTC ratio is forming multiple bullish technical patterns, laying the groundwork for a new "altcoin season" in 2025. Specifically, technical charts show a cup and handle pattern and a bullish flag divergence on ETH/BTC. The cup and handle pattern predicts a potential breakout above the 0.02596 BTC resistance level, with a technical target approaching 0.03814 BTC, equivalent to approximately a 55% increase in July. Meanwhile, the bullish flag signals a breakout to the 0.03235 BTC area, over 30% higher than the current price. Analysts unanimously agree that this is a strong signal marking the beginning of the 2025 altcoin recovery cycle.
Market data also reveals that the altcoin market capitalization relative to Bitcoin is retesting a long-term bullish resistance threshold. Historically, each surge from this support level has initiated a powerful altcoin value explosion, with some instances reaching increases up to 9,000% and even 180,000%. This indicates that investment capital flowing into non-Bitcoin Tokens is being reactivated from a solid technical foundation, expanding prospects for explosive growth.
Additionally, altcoins have broken through a 7-year falling wedge pattern – a technical formation typically preceding major breakthrough growth periods in 2017 and 2020. Resetting this trend further reinforces the hypothesis of an imminent new "altcoin season", accompanied by increasing buying pressure from professional investors. A series of converging signals suggest that investment opportunities in cryptocurrency projects with potential for superior medium and long-term returns are significantly expanding.
