According to Mihir (@RhythmicAnalyst) on Twitter, Ethereum (ETH) began its price rebound on March 31st, but for traders seeking confirmation of a new all-time high, a weekly close above $2,900 is essential (source: Mihir, Twitter, June 10, 2025). While current support levels provide a defense line, Mihir emphasizes that traders must also monitor the strength and height of the bounce—specifically, the price level from which ETH can launch a sustained upward move. This technical confirmation is crucial for identifying breakout opportunities and managing risk in the current crypto market environment.