With#Bitcoinstarting to inspire confidence, money started flowing into#Etheremand altcoins.

Ethereum has finally reached trend resistance and the declines that have been going on for months may end with the breakout of this region.

Trend resistance appears to be $2,900. This level is also an important S/R flip resistance. Therefore, daily closings above $2,900 will be extremely positive for Ethereum and altcoins.

After such a breakout, there will be no major resistance ahead of us until the $3,600-4,000 range and the probability of Ethereum rising to this range will be extremely high.

Therefore, I think it would be logical to buy both Ethereum and altcoins after such a breakout, my friends. Ethereum's 40% rise may even be reflected in some altcoins as 1-2x.

It will be useful to follow the $2,900 resistance closely during this process, my friends, set the alarms⏰