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Altcoin Season Based on ETH/BTC Cyclical Patterns
The ETH/BTC charts from 2020 and 2024 reveal a striking resemblance, hinting at the possibility of an impending Altcoin Season.
Chart Analysis:
Accumulation Pattern: In both charts, the ETH/BTC pair undergoes a prolonged accumulation phase with price fluctuations within a narrow range. This phase is marked by the black dotted horizontal lines.
Bullish Breakout: Following the accumulation phase, the ETH/BTC pair experiences a strong bullish breakout, surpassing the previously established resistance level (purple horizontal line).
Q1 Growth: Notably, this breakout occurs in the first quarter of the following year (2021 and projected 2025). This period of strong growth is highlighted by the purple rectangle on the chart.
Altcoin Season:
Typically, ETH's outperformance against BTC is a precursor to Altcoin Season. As ETH's price rises sharply, capital tends to flow from BTC to other altcoins, creating a general uptrend for the entire altcoin market.
Conclusion:
Based on the analysis of the ETH/BTC charts, there is reason to believe that Altcoin Season may occur in Q1 2025.
Highly recommend HOLD and Stacking $ETH // $SOL // $BNB // $LINK at Binance
Feel free to comment the altcoin you are holding and we will check it for you!
Chart Analysis:
Accumulation Pattern: In both charts, the ETH/BTC pair undergoes a prolonged accumulation phase with price fluctuations within a narrow range. This phase is marked by the black dotted horizontal lines.
Bullish Breakout: Following the accumulation phase, the ETH/BTC pair experiences a strong bullish breakout, surpassing the previously established resistance level (purple horizontal line).
Q1 Growth: Notably, this breakout occurs in the first quarter of the following year (2021 and projected 2025). This period of strong growth is highlighted by the purple rectangle on the chart.
Altcoin Season:
Typically, ETH's outperformance against BTC is a precursor to Altcoin Season. As ETH's price rises sharply, capital tends to flow from BTC to other altcoins, creating a general uptrend for the entire altcoin market.
Conclusion:
Based on the analysis of the ETH/BTC charts, there is reason to believe that Altcoin Season may occur in Q1 2025.
Highly recommend HOLD and Stacking $ETH // $SOL // $BNB // $LINK at Binance
Feel free to comment the altcoin you are holding and we will check it for you!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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