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#ETH Ethereum has started to catch up. If today's daily candle closes as a big bullish candle, the bulls will temporarily take over. Many who are waiting for a dip think it hasn't bottomed out yet, but from a weekly perspective, Ethereum needs a rebound. After the rebound, it may continue to fall or reverse. The July rebound target is 1950-1980.

#eth This round of decline has formed a double bottom pattern with the low of 1504 at the beginning of the month, and the low points on the four-hour chart are gradually rising. Once a reversal pattern appears, we can go long, with this upward move targeting 1980.