According to CryptoTraderPro, Ethereum has successfully broken out from a multi-month downtrend, with a daily close above key resistance levels. This technical breakout suggests a potential bullish rally, with price targets between $2,300 and $2,500 by May if market momentum remains positive. Traders should consider monitoring trading volumes and RSI levels for confirmation of sustained upward movement.

According to Michaël van de Poppe, the ETH/BTC chart on a weekly timeframe has reached its lowest RSI level ever recorded, indicating an overextended price action, sentiment, and valuation. This suggests potential trading opportunities as market participants may anticipate a corrective move. Traders should consider monitoring RSI levels for potential price reversals.

According to Michaël van de Poppe, the RSI levels for altcoins on higher timeframes are at levels typically seen during massive market capitulations or when markets bottom out. This suggests a potential trading opportunity as altcoins may be poised for significant movement in the coming weeks. Michaël van de Poppe also notes interest from major investors like Trump and Blackrock, indicating potential upward momentum in the altcoin market. [Source: Michaël van de Poppe's Twitter]

According to Michaël van de Poppe, the current market downturn for SEI presents a counterintuitive buying opportunity. Historical data indicates that RSI levels similar to the present have marked market lows, suggesting a potential reversal. Van de Poppe references August '24 as a precedent for this pattern.