According to Crypto Rover, the 2-month price chart for Ethereum (ETH) is showing an 'insane' bullish formation. The technical analysis, based on the shared chart, indicates a significant breakout with a massive bullish candle, suggesting a powerful upward trend is underway. For traders, this long-term chart pattern could signal the beginning of a major new rally and sustained positive momentum for ETH.

According to @RhythmicAnalyst, Bitcoin (BTC) is currently retesting a crucial breakout level. The analyst emphasizes that for the upward price trend to continue, BTC's price must remain above this key support line, which was identified as a previous resistance.