Price Overview: ETH showing signs of a major bull rally! Here’s what’s happening:
1️⃣ Trendline Breakout: ETH has successfully broken out of a major trendline, signaling bullish momentum. 2️⃣ Next Stop: ATH! The next resistance level aligns with its all-time high, making this a crucial milestone. 3️⃣ Altcoin Rally Dependency: For the broader altcoin market to rally, Ethereum must break its ATH first.
✨ The Bitcoin Connection: Bitcoin dominance plays a pivotal role in the altcoin market? When Bitcoin dominance weakens, it creates room for altcoins—to shine. If ETH breaks its ATH, it could kickstart an exciting altcoin season.
💡My Expectations: ETH looks poised to reclaim its ATH soon. A breakout here could be the trigger for the next big rally.🚀
Stay tuned for further insights, updates, and trade safely!
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