In crypto, the coins that underperform usually see something know as a "most hated rally".
Eth is about to enter this phases...
We saw the same thing with Solana in 2023 when it was creating a triangle pattern between $15-20 and then had a massive run to the upside once it broke out of the pattern.
Here we are seeing something very similar in the charts. ETH has been creating a massive ascending triangle and we are on the verge of a breakout.
Also, we have seen a fakeout outside of the pattern both to the upside and downside. This is usually a signal of deviation which leads to liquidity for the move to continue.