After the plunge, opportunities become apparent

Ethereum saw a significant rebound candlestick at 3100 yesterday. This position happens to be in the crucial 50% zone of the overall increase, and is also where the weekly 20 moving average lies. From a macro perspective of the weekly chart, this pullback for Ethereum is within a normal and healthy retracement range.

Looking back at Ethereum's historical performance, there have been multiple instances of double bottoms in price and relative exchange rates against Bitcoin during the past 12 months. This year, the same characteristic continues, and based on these signs, the outlook for Ethereum and quality altcoins in 2025 remains very optimistic.