$ETH is currently experiencing a positive trend, with traders noting a potential bottom and a bullish outlook. Recent analysis suggests that if the price maintains support between $29 and $31, there is a likelihood of it trading higher towards all-time highs. A bounce play was also highlighted, indicating a favorable trading opportunity. Additionally, various altcoins paired with $ETH, such as $TYPE and $HASHAI, are showing promising movements, with $TYPE up 44% overnight and $HASHAI maintaining a market capitalization of $100 million. Traders are observing consolidations and breakout patterns in these assets, suggesting a potential for further price appreciation in the near term.