#ETH price action we’re watching: the double-bottom possibility remains.



If it stays above 1,848 on the daily timeframe, an upside move could come.

As long as the 1,501 low is protected, the upside outlook remains.

The resistance levels to watch are 2,046-2,464-3,445-4,956.

If it remains above 2,464 on the daily, the first high peak of the final downwave will have formed, and it will be a signal that the uptrend may continue further.
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