Ethereum is about to rise
The current market trend seems to be changing, with funds flowing out of Bitcoin and gradually moving towards Ethereum (ETH) and its ecosystem projects.
Ethereum has shown signs of a breakthrough in its trading pair with Bitcoin. If Ethereum can maintain its upward trend today and successfully break through key price levels, it may confirm the signal of accelerated fund flow towards the Ethereum ecosystem.
Not only Ethereum, but also quality projects within its ecosystem are gaining attention. ENJ (Enjin Coin), as a leader in the staking track, has already built a solid bottom structure on the daily chart;
MKR (Maker) has long since come off the bottom and may soon experience an explosive rise.
Whether Ethereum can continue to rise depends on whether it can break through the resistance level in the trading pair with Bitcoin. If the breakthrough is successful, it will form higher highs, indicating a complete reversal of Ethereum's bottom structure, which will signal further fund flow into the Ethereum ecosystem.
Seizing this opportunity for the rise of Ethereum may just be the starting point for the next wave of dividends
