Today, the price of ETC (Ethereum Classic) has broken through the key $21 resistance level, marking a significant reversal of the downtrend that has been occurring since December of last year. This breakthrough has garnered widespread attention in the market, as it not only reflects the technical trend changes of ETC but also indicates an improvement in the overall Crypto Assets market sentiment.

Analysis shows that in the third quarter, ETC saw a return of bullish demand. This positive change is closely related to the current macroeconomic environment. The warming expectations of interest rate cuts and the improvement in economic conditions have collectively boosted investors' confidence in Crypto Assets, reigniting market interest in Ethereum Classic.

From a technical perspective, the ETC price is currently holding strong near the July highs. The $26 mark has become an important level closely watched by investors in the short term. If ETC can solidly break through and turn $26 into a new support level, then a larger upward move may occur in the future. In this scenario, $28, $34, and even $41 could become potential target price levels.

However, investors should also remain cautious and closely follow market trends. The volatility of the Crypto Assets market is still high, and price movements may be affected by various factors. In addition to technical analysis, it is important to consider overall market sentiment, changes in regulatory policies, and the global economic situation.

Overall, the recent breakthrough in the ETC price has injected new vitality into the market, but whether it can sustain its rise requires more market validation. Investors should comprehensively consider various factors and reasonably control risks when making decisions.