#ETH

ETH Market Analysis:

Recently, there has been less market analysis for Bitcoin (大饼). Overall, Bitcoin has surged. If a high-level sideways consolidation occurs, then the next phase will be the explosion season for altcoins, and the altcoin explosion will be sparked by Ethereum!

In terms of trends: From a daily chart perspective, after hitting the bottom, it started to rise. The previous surging phase was rapid, reaching the important central pressure level around 2800 in a short time, and then it underwent some adjustments. The current trend is showing strength again, indicating a potential retest and breakthrough of this pressure zone, which is also a very critical node area. Once there is an effective breakthrough, a new wave of accelerated upward movement will arrive, which will also drive the altcoin season's explosion!