#Ethereum and altcoin rises continue.

ETH/BTC surpassed the resistance of 0.02, and we are already starting to see its positive effects. Breaking the declining trend that has been ongoing for months is extremely positive.

The spot CVD is rising in proportion to the increase. The fact that the rise is supported by spot trading and especially that Coinbase continues to insist on purchases is positive.

Since a volume-based and spot-supported reversal is occurring, the likelihood of continued rises seems extremely high.

I currently believe that the most important level that could act as resistance is the range of $2,800-$3,000.

This level was the support point of the rising trend that has been ongoing for 3 years. Therefore, there is a possibility it could act as resistance.

As I mentioned in the last video, we do not attribute great significance to resistances in a rising trend. As long as there is no trend change, it can easily break in 2-3 attempts at worst.

If this resistance is surpassed, there is no significant level until $4,000. For now, technical data supports the continuation of the rise.

If there are any changes in the data, I will update you instantly, friends. We will also share a detailed ETH analysis on YouTube tomorrow.

I wish everyone a great weekend and plenty of profits.