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2025-05-14
12:41
Ethereum Price Analysis: ETH/BTC Monthly Bullish Engulfing Pattern Signals Potential Altseason Rally

According to Trader Tardigrade, the ETH/BTC trading pair is displaying a Bullish Engulfing Pattern on the monthly chart, which is a classic technical indicator suggesting a possible trend reversal or strong upward momentum in Ethereum relative to Bitcoin (source: Twitter, @TATrader_Alan, May 14, 2025). This pattern often precedes significant capital inflows into altcoins, increasing the likelihood of an altseason and potentially impacting trading strategies across the crypto market. Traders are advised to closely monitor the ETH/BTC ratio and consider the implications for altcoin portfolio allocations.

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