ETH/BTC Pair Seen as Key Indicator for Altcoin Rally

The cryptocurrency market is showing strong indicators of growth, with investors displaying heightened buying interest. As of this writing, the overall market capitalization has increased by 1.49%, while 24-hour trading volume has reached $103.12 billion—a 2.02% rise.

The cryptocurrency market is displaying strong indicators of growth, with investors displaying heightened buying interest. As of this writing, the overall market capitalization has increased by 1.49%, reaching $2.43 trillion. Meanwhile, 24-hour trading volume has also seen a slight uptick, now standing at $103.12 billion—a 2.02% rise from the previous day.

Such gains, particularly in volatile conditions, may be indicating that altcoins are approaching a breakout phase. Bitcoin’s [BTC] recent move to the $73,000 mark points to the growing market interest and potential spillover into altcoins.

As the market prepares for the next potential wave of growth, a crypto analyst offers insight on what to watch.

ETH/BTC pair seen as key indicator for altcoin rally

Popular crypto analyst Moustache suggests that the ETH/BTC chart will be critical in determining the next phase of market direction for altcoins.

According to the chart analysis shared by Moustache, the recent pattern of accumulation and re-accumulation in ETH/BTC mirrors the 2015–2018 market cycle, which saw significant gains for Ethereum and catalyzed a rally in altcoin prices.

In his post, he expressed optimism, predicting unprecedented highs for altcoins if this pattern holds, saying:

“You can’t imagine what the Alts will do if we just move up from here.”

Typically, accumulation and re-accumulation patterns signal bullish momentum, as buyers steadily enter the market with growing confidence in a future rally.

In this scenario, the presence of a “falling wedge”—a technical indicator often associated with bullish breakouts—reinforces the likelihood of a sustained uptrend.

According to AMBCrypto, tokens like SOL are among those positioned to benefit if an altcoin rally unfolds.

Solana set to lead upcoming rally

Solana [SOL] has maintained a bullish stance despite ongoing market fluctuations, with a press time trading price of $178.14.

Much like the ETH/BTC chart, SOL is in an accumulation phase, a pattern that previously fueled its surge to an all-time high. At press time, SOL has broken above the current accumulation pattern, gradually building momentum.

If this trend continues, the asset could potentially gain 179.05%, similar to its previous rally cycle, which would place its valuation at approximately $361.88.