Technical analysis by AlgoBotTrading about Symbol ETH: Buy recommendation (1/28/2025)

As the leader of the altcoins, ETH is finishing its recent correction that began early December.By the end of the 1st week of Feb and somewhere around 3000 zone, ETH is expected to initiate a big upward move which is similar to Oct 2023 - March 2024 strong rally in terms of size and momentum, a move that shall take ETH towards new ATH.As ETH is considered the leader of the altcoins, its next heavy pump shall cause good pumps in many potential altcoins specially the ones related to ETH network.As always, crossing above the blue trendline is the initial trigger for the awaited pump.