After months of being in a downtrend, the crypto market is beginning to wake up. Bitcoin has broken $40,000 and Ethereum is approaching $3,000. While there may be some whipsaw due to volatility in the stock market, the crypto market’s trajectory is up into the Spring. Short term resistance should be seen at $41,000 Bitcoin and $3,000 Ethereum. Near term, there remains a chance Bitcoin forms a double bottom at $32,000 or a slight undercut low. However, a two-day close over $43,000 will almost certainly negate this path – the retest is not necessary for Bitcoin to continue rallying.