The ETH/BTC trading pair is approaching a significant compression point, historically linked to altcoin outperformance. Analysts note that the pair is nearing a multi-year support level, which previously triggered altcoin seasons in 2017, 2019, and 2021. The Altcoin Season Index currently stands at 21 out of 100, suggesting altcoins have not yet entered a rapid growth phase. Recent market activity shows improving breadth, with altcoins recovering more robustly than Bitcoin. Data from Santiment highlights notable rebounds in altcoins such as XRP, SUI, Pepe, NEAR, and Telcoin. The ETH/BTC chart is forming a descending wedge pattern near a long-term support band, reminiscent of past breakout periods.