$ETH 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 is not too poor, a significant drop usually presents an excellent opportunity for positioning, especially for the top few mainstream coins. Typically, the bearish momentum will gradually weaken at the bottom, turning into a bullish reversal.

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