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Why is $ETH's new high extremely important for the Altcoin market? 1) As the leading project in technical narrative, the market confidence of the Altcoin market's technical narrative must be rebuilt on the market's renewed trust in ETH's technical roadmap and product protocol application landing vision. Only the new high sentiment can reignite Ethereum's technical narrative leadership confidence, which has long suffered from price stagnation; 2) ETH produces more than just a single technical narrative project. The technical logic connections, TVL liquidity composability, and mutual pricing and evaluation system among its large ecosystem projects are all determined by Ethereum's market fundamentals and directly drive the impact. ETH's rise has a ripple effect that can trigger a chain reaction; 3) The ETH large ecosystem has accumulated too many unmet old narratives: whether DeFi can experience a second renaissance, whether Non-Fungible Token can trigger another artistic wave, whether Layer 2 truly has Mass Adoption value, and whether the new RWA narrative can lead the main upward trend. In the market's low period, these narratives excessively suppressed by sentiment may potentially launch a devastating rotation market once ETH breaks through to a new high and its valuation logic is repaired;

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