Ethereum has been successfully retesting black as support for the past few weeks
In doing so, Ethereum is repeating early 2024 history (green circle) with a successful retest, the only difference is that it has just taken longer this time
A Weekly Close above $250bn (blue circle) would likely precede a breakout rally to at least $315bn (red circle)
Such a Weekly Close would also confirm the bottom for Altcoins
Moreover, it would end the Altcoin Market Cap correction at -61% which is much shallower than the previous 69% and 85% corrections
This would signal that the $425bn resistance is weakening as a point of rejection which drastically increases the chances of it being broken on revisit in the future