$ETH The long-awaited rise, especially for Ethereum, has seen an increase of up to 30% just yesterday. Congratulations to those who positioned themselves at lower levels.
Based on most trading experiences, as long as the asset is not too poor, a significant drop usually presents an excellent opportunity for positioning, especially for the top mainstream coins, as the bearish momentum typically weakens near the bottom, transitioning to a bullish reversal.
For Ethereum, we can first see if it can hold above 2500, with the next target being 2800, slowly reclaiming lost ground, accompanied by a rise in altcoin markets. $ETH