Renowned crypto analyst Ali Martinez has shared a compelling technical analysis, highlighting a correlation between ETH and the S&P 500, suggesting a major breakout for Ethereum.
Ethereum's price movements closely mirror those of the S&P 500, indicating a potential upswing, with a target around $10,000.
Ethereum is navigating a critical support level, with the coming days being pivotal in determining its direction.
If Ethereum can establish a solid bounce from current lows, it has significant upside potential for a sustained rally.