The 55% bullish setup of Ethereum compared to Bitcoin raises hopes for an 'altcoin season'.

Ethereum (ETH) is forming at least two classic bullish patterns compared to Bitcoin, fueling optimism that a breakout could trigger the next altcoin season.

Ether indicators suggest the next bullish surge of 30-55%

The Ether/Bitcoin ratio (ETH/BTC) is forming a cup and handle pattern as well as a bullish flag pattern, both of which indicate significant growth momentum.

With the cup and handle pattern, ETH/BTC shows the potential for a breakout at the neckline of 0.02596 BTC, with a technical target near 0.03814 BTC, implying a 55% increase in July.

! ETH/BTC Price Chart – 1 Day | Source: TradingViewThe 0.03814 BTC level is in line with the resistance level in December 2024.

On the other hand, the bullish flag pattern indicates a breakout potential towards 0.03235 BTC, approximately 30% higher than the current price, in July. The growth target aligns with the price level in January to February 2025.

Daily price chart of ETH/BTC | Source: TradingView## The breakout of ETH/BTC will lead to an altcoin season

According to analyst Trader Tardigrade, the breakout of Ethereum compared to Bitcoin could mark the beginning of the altcoin season in 2025.

Source: Trader TardigradeProspects for signaling from the phases when Ether's outperformance compared to Bitcoin coincides with strong bullish trends in the altcoin market, specifically a rise of over 2,500% during the 2020-2021 bull market.

Other analysts reinforce the argument for the altcoin season, with Sensei pointing out that the altcoin market capitalization compared to Bitcoin is testing the long-term ascending support trendline.

In the past, each time bouncing up from this level has occurred before major bullish runs of altcoins, which previously led to a 9,000% increase and another time led to a 180,000% explosion in market capitalization.

Altcoin market performance compared to Bitcoin | Source: SenseiThis chart predicts a 250,000% increase based on the historical repeating pattern of altcoin seasons. Analyst Rinor also provides a similar forecast.

Meanwhile, analyst Moustache notes that altcoin is breaking out of a 7-year-long falling wedge pattern, which occurred before the major bullish runs in 2017 and 2020, signaling another altcoin season may be approaching.

Vincent