The price movement of Ethereum (ETH) is showing an exciting momentum. The latest Technical Analysis indicates that the descending channel of ETH may soon break out, bringing new opportunities for investors.

Analysts pay special attention to the margins on both sides of the channel, as this data is crucial for assessing the authenticity of a breakout. Past experience has shown that surface breakouts alone are not sufficient to determine a true trend change, making these additional indicators particularly important.

Compared to Bitcoin (BTC), the current price movement of ETH seems to have more potential. Market observers generally believe that Ethereum may be on the verge of a new rally, which will undoubtedly attract significant attention from investors.

However, investors should also act cautiously. Although there are expectations of interest rate cuts in the current market, which may stimulate the rise in cryptocurrency prices, potential risks should still be heeded. Some analysts believe this could be a good opportunity to buy at the bottom, but they also remind investors to view the potential high return expectations rationally.

Overall, this potential breakthrough of Ethereum has injected new vitality into the market, but investors still need to closely monitor market trends and weigh risks against opportunities.