$BTC The long-awaited rise, especially for Ethereum, saw a surge 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 isn't too poor, a significant drop usually presents an excellent positioning opportunity, especially for the top mainstream coins, where the bearish momentum typically diminishes at the bottom and turns into a bullish reversal.

For Ethereum, we can first see if it stands above 2500, the next level is 2800, slowly recovering lost ground, accompanied by the altcoin market.