Trader Warns Altcoin Boom May Be Near
A prominent market signal has just appeared on the Ethereum vs Bitcoin (ETH/BTC) chart, and traders are taking notice.
According to technical analyst Merlijn The Trader, Ethereum has printed a MACD bullish crossover, historically marking the bottom of the ETH/BTC cycle—a signal that has preceded major altcoin rallies in past crypto cycles.
The chart highlights that this rare signal has only occurred twice before in the last decade—once in 2017 and again in 2020, each time followed by explosive altcoin seasons. In both cases, alternative cryptocurrencies surged between 5x to 20x in just a few months. With the latest crossover now confirmed on the weekly chart, Merlijn calls this a “historic signal” that “only…
