ETH/USD: Can the Leading Altcoin Outperform Bitcoin?

On the weekly time frame, Ethereum (ETH) is showing a parabolic rise since March 2020. Currently, it is too early to think of retesting heights of 2020 as the descending channel has not been broken so far. If they current weekly candle closes with a long bottom wick, there is a high probability to see the altcoin at the resistance of $260 by the end of June.