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The altseason debate may come down to one stubborn $ETH/$BTC level. An analyst says the pair has broken out of a falling channel and is now pushing toward 0.0355 resistance. A clean break could signal $ETH outperformance and potentially trigger the next major rotation into altcoins.
For now, that’s a theory, not a confirmed rotation. Still, $XRP, $BNB and Solana stand out besides Stables, $BTC, and $ETH, making their technical levels worth watching.
$ETH/$BTC is approaching 0.0355 after breaking above its falling channel. According to the setup displayed by the analyst on X, clearing that resistance could strengthen the case for $ETH outperformance and potentially spark an altseason.
If 0.0355 rejects again, the whole argument becomes considerably less exciting. That’s the key distinction. The market doesn’t get an altseason simply because traders want one. This setup needs the resistance break first.
$XRP is trading around $1.49 and remains below a $1.65-$1.72 resistance block. The token is also positioned around the upper border of a falling wedge, leaving a potential breakout scenario if altseason begins.
A successful move through $1.65-$1.72 could turn that range into support, with $2.00 becoming the next level and $2.62 potentially coming into focus.
The problem? $XRP failed to break the same resistance in August and September. Another rejection, especially without an altseason, could send $XRP back toward $1.00.
$BNB is in a comparatively stronger technical position, rallying from the lower border of an ascending channel while approaching $800 resistance.
A break could open the path toward $930 and $1,150 under normal bullish conditions. If altseason actually materializes, the supplied scenario puts $1,200 and even a new all-time high near $1,500 on the table.
But lose $800, and the picture changes. $BNB could remain trapped between roughly $540 and $800 for longer.
Solana is sitting around the middle trendline of a falling wedge. Without altseason, a $200 retest could be delayed significantly, potentially into next year.
If Solana reaches $200 and breaks it, $260 becomes the next stated target. On the bearish side, failure to sustain the move could expose the asset to $50 or lower.
So the altseason question remains unusually simple: $ETH/$BTC needs to clear 0.0355, while $XRP, $BNB and Solana each face their own technical hurdles.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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