As mentioned in the quote below, as long as ETH holds the ascending trendline shown in the chart without breaking, there’s a high probability it will make a second attempt to challenge its previous all-time high. This has now played out as expected, and the current price remains near the neckline zone of the monthly K-line. This area, as the neckline zone of the monthly K-line, suggests that if you followed the quote below and entered long positions at the ascending trendline back then, you could consider taking partial profits or closing positions now. Be patient and wait for the monthly K-line to close or for new structural patterns to emerge before re-entering. Whether ETH has the potential to create a new all-time high and continue its upward trend depends, to some extent, on whether it can successfully break through the current monthly K-line neckline zone. At the same time, BTC needs to remain in a consolidation phase or show strength. If BTC continues to weaken, even if ETH manages to break through, it will be difficult for it to sustain its momentum. In fact, it could lead to a false breakout, causing the previously accumulated positions to be wiped out and triggering a major crash.