$ETH has a quite nice setup:

• Breaking the previous downtrend

• Successful retest, old resistance → new support

• Price maintains a higher low structure, buying pressure is stabilizing

If ETH/BTC continues to be strong, it is highly likely that altcoins will benefit accordingly.

As long as BTC doesn't make a strong shake, ETH has a chance to lead the market 🔥

ETHUSDT

Perp

2,948.71

+0.77%