Ethereum (ETH) is approaching a critical breakout point against Bitcoin (BTC) after nearly four years of consolidation within a descending channel or accumulation triangle pattern. Analysts highlight that ETH is currently about 9.73% away from breaking out of this long-term formation, which could trigger a substantial price surge. The ETH/BTC trading pair has shown signs of a bull flag breakout on the 12-hour chart, with momentum building toward channel resistance. Market observers note that Ethereum has recently surpassed Bitcoin in 24-hour mindshare, a development not seen in some time. Additionally, other tokens such as PENGU and ANIME are anticipated to follow ETH's upward movement, although the NFT sector appears to be lagging behind for now.