ETH | Ethereum Hits 2 YEAR LOW - What's Next?

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Could it be that ETH bottoms out here?

Low from March 2023:
snapshot

Interestingly enough, it could be said that it was the previous cycle's accumulation zone. Considering the previous cycle's price action, this isn't a ad zone to load up - for the longer term.

From here, although the price bounced high, and low, it was the 8-month price action before the next bullish cycle started. This gives us perspective in terms of time
snapshot

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ETHUSDT

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