According to @tradingview, a bull pennant has formed in the ETH/BTC pair, indicating a strong continuation pattern. The previous pennant pole led to a 56% surge in ETH within one week (source: TradingView, June 2024). Technical analysis suggests that if ETH/BTC breaks out above the pennant resistance, traders could see another 56% upside move in Ethereum's price. This setup is drawing significant attention from altseason traders, as breakout confirmation could drive substantial capital rotation from Bitcoin into Ethereum and other altcoins. Market participants are advised to monitor trading volumes and resistance levels closely for an optimal entry (source: TradingView, June 2024).