Can ETH catch up and lift altcoins? The key 2600 level is a line of life and death!
ETH has nearly doubled in this rebound, temporarily putting aside the dream of breaking 2800, as the market now focuses on whether it can stabilize at 2600.
If today’s daily close is above 2600, there’s hope to sprint to 2700 or even 2800; breaking this situation is essential for altcoins to have a chance!
Support is crucial: in the short term, hold above 2450, and for the four-hour chart, watch 2230-2260, with the daily chart showing a major bottom at 2080-2120.
If it can’t get past 2600, the 2680-2720 range might be the peak, and a pullback is inevitable, so don’t chase highs impulsively.
In simple terms, the ETH catch-up trend is “half-hanging”; don’t think about aggressive long positions if it doesn’t break 2600, steady and cautious is the way to go!
Are you ready? When the trend comes, opportunities will explode immediately! 🔥