ETH is recovering and is about to break out.
It doesn't have the same upward pressure as BTC but this could also give a signal for the ALTs to come into play, while BTC struggles with the 12850 as its the 0.618 macro fib level.
Refer to my previous post, link provided.
Note, this is a strong resistance, so if it breaks out from this, its a sign.
Weekly chart, observe key levels
Note, BTC dominance also hits a , so some of the alts are given an opportunity.
With the Paypal announcement, ETH along with BTC and LTC are doing well, and likely for the short term remain bullish. LTC was the surprise.