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Ethereum (ETH) Price: Historical Patterns Suggest Potential Recovery After 40% YTD Decline

  • Ethereum (ETH) is showing price patterns similar to 2017 and 2020 bull runs, suggesting a potential trend reversal
  • ETH has fallen below $2,000 since March 11, with technical indicators like Stochastic RSI showing oversold conditions
  • Multiple analysts point to historical fractals and a 5-year trendline support suggesting an imminent rebound
  • The Chaikin Money Flow (CMF) and Bulls and Bears metrics indicate rising buying pressure

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