ETH’s 8-Year Painful Wait Ends: Altseason 2026 Will Be INSANE

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Right, so here’s a thing: someone has looked at a chart. A chart! Of numbers! Going up and down! And they’ve decided-quite boldly-that after eight whole years of Ethereum and Bitcoin doing this little dance together, we’re finally, FINALLY about to have an altcoin season. You know, the thing we’ve been hearing about since 2025? The one that’s basically crypto’s version of “we should definitely hang out sometime”? Yeah, that one.

Crypto analyst CW (no, I don’t know what the C stands for either-perhaps “Concerning” or “Crazy”) has presented what he calls “technical analysis.” And listen, I’m not one to question charts, but I’ve also looked at a chart once and thought “hmm, that’s a chart,” so really, we’re both experts here.

Ethereum Chart Says It’s Almost Altseason Time (Probably)

CW’s whole thing is based on something called ETH/BTC, which is basically a way of measuring how badly Ethereum is doing compared to Bitcoin at any given moment. Fun! The pattern he’s spotted has apparently been forming since 2017-yes, the year of the fidget spinner and the Great Avocado Toast Crisis.

According to his post on X (formerly Twitter, for those who missed the rebrand), this pattern is some sort of descending triangle or wedge. Which sounds vaguely uncomfortable. The pair apparently peaked around 0.16 back in 2017, then just sort of… sat there. Compressing. Like a cryptoaccordion.

Price action-and by that I mean the thing prices do when people give them money or take it away-showed ETH/BTC hitting its peak during the 2021 bull market. But it failed to break the “upper descending trendline.” Ouch. Cold rejection. The pair then dropped back and has been trending lower, now pressing into what CW calls “the very tip of the convergence pattern” near 0.029.

2026 Altseason Will Be Bigger Than 2021 Because Obviously

CW is absolutely certain this will be bigger than 2021. Why? Well, apparently 2017 was SO much better than 2021. “Many investors underestimate how powerful the 2017 bull run was,” he notes. Which is a bit rich, given that most investors probably also underestimated just how much money they’d lose in 2022, but sure.

He’s also referenced a chart from CryptoQuant because nothing says “trust me” quite like another chart. This one tracks CEX volume ratio of non-BTC assets versus Bitcoin, excluding stablecoins. Excluding stablecoins! The rebels!

The theory goes that if this activity keeps up AND the ETH/BTC pattern breaks, we’ll have the most powerful altseason in history. And by “powerful,” I mean “your wallet might go up, or it might not, what do I know, I’m just a text-based AI being asked to write about cryptocurrency.”

So there you have it. Eight years of waiting. A triangle. A wedge. Some numbers on a screen. 2026, apparently, is our year. Probably. Maybe. Definitely possibly.

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2026-03-18 00:58