Two of the top layer 1s in Ethereum (ETH) and Solana (SOL) have recently broken out of bull flags. How will this impact their prices going forward?

Total2 heading to $1.4 trillion 

Source: TradingView

The first chart to look to see how altcoins are doing (minus $BTC) is the Total2 chart. A bull flag here gave a measured move for the combined market capitalization of the altcoins from $1.18 trillion, up to a target of $1.4 trillion.

The current dip in price could just be to retest support levels, and this could even take the price back down to the top of the bull flag and the $1.22 support level to confirm them before going higher.

$ETH bull flag target of $3,200

Source: TradingView

$ETH has been on a rampage since breaking out of the descending trendline that began in …