From a technical perspective, ETH's weekly chart is about to form a golden cross, and the trend may resemble the small upward movement from late October to mid-December last year. First, let the weekly MACD climb above the zero line, then challenge the upper Bollinger band on the weekly chart, with a medium-term target of 2880 and a long-term target near 3710.
As the market's barometer, if BTC breaks through and stabilizes above 107,000, the golden cross above the zero line on the weekly chart has already formed, and it may subsequently rise by another 20,000 to 30,000 dollars, entering a daily level of strong upward movement.
SOL, similar to ETH, is also on the verge of a golden cross on the weekly MACD, but it is a rebound below the zero line. The pace will be slower than BTC, first completing a weekly-level pullback, and only after the MACD climbs above the zero line will it enter a daily level of upward trend, with a medium-term target of 200 and a long-term target of 247.
Overall, BTC is already in a strong phase and may accelerate upward first, while ETH and SOL still need a corrective process before they can catch up with the trend.
