Ethereum — The Big Wave Towards New Highs, Bullish 10k?📝 Full Analysis
Ethereum (ETH/USDT) on the 1W timeframe is showing a clear 5-wave Elliott Impulse structure. Currently, price is assumed to be in the (4) corrective phase after wave (3) peaked around the 4.9k–5k zone.
Wave (4) is now retesting the critical support zone between 3.21k – 3.54k, which perfectly aligns with the Fibonacci retracement 0.5–0.618 levels. This area also acts as a key demand zone (previous resistance now flipping into support).
If this zone holds, ETH is well-positioned to start wave (5), targeting new all-time highs. But if this level breaks, ETH could fall into a much deeper corrective scenario.
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🔑 Key Levels on the Chart
Main Support (yellow zone):
0.5 = 3,541
0.618 = 3,210
Bullish Extension Targets (Wave 5):
0.5 = 4,940
0.618 = 5,272
1.0 = 6,345
1.618 = 8,082
2.618 = 10,891
These are not just Fibonacci levels, but psychological points where the market often decides whether to continue or reverse.
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📈 Bullish Scenario
1. Support 3.21k–3.54k holds → confirms wave (4) completion.
2. ETH prints a weekly rejection candle or bullish engulfing → buyer strength confirmed.
3. Breakout above 4.95k activates bullish momentum with staged targets:
Target 1 → 5.27k (0.618 extension)
Target 2 → 6.34k (1.0 extension)
Extended Target → 8.08k (1.618 extension)
Maximal Target → 10.9k (2.618 extension, potential new ATH)
4. Wave (5) is often accompanied by volume surge & market euphoria → a prime opportunity for swing traders and mid-term investors.
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📉 Bearish Scenario
1. ETH closes below 3.21k weekly → weakens bullish wave structure.
2. Possible deeper retracement:
2.13k (0.5 retracement from macro impulse)
1.95k (0.618 retracement)
3. If ETH breaks below ~1.95k, the 5-wave Elliott structure becomes invalid, and the market could enter a prolonged accumulation/sideways phase similar to 2018–2019.
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🔍 Pattern Breakdown
Elliott Impulse Wave (1–5) with strong extended wave (3).
Fibonacci retracement & extension for precise S/R validation.
Resistance → Support Flip Zone (3.2k–3.5k).
Potential Bullish Flag Structure (macro) if wave (4) is confirmed as a healthy correction.
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🎯 Extra Insights
Wave (5) is usually shorter than wave (3) if wave (3) was already extended → realistic target sits around 6.3k–8k.
If crypto market euphoria (ETH ETF narrative, altseason) kicks in, then 10k+ ETH becomes a valid macro target.
Caution: wave (4) often forms complex corrections (flat/triangle), meaning sideways consolidation before the breakout.
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🛡️ Trading Notes
Conservative entry: wait for weekly rejection confirmation at 3.2k–3.5k.
Aggressive entry: buy the dip in support zone with tight stop below 3.2k.
Breakout entry: wait for breakout + retest above 4.95k.
Take profit progressively: 5.2k → 6.3k → 8k.
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Ethereum Weekly is forming a 5-wave Elliott Impulse. Currently, price is testing the critical support zone at 3.21k–3.54k.
If this zone holds → ETH is ready for wave (5) rally targeting 5.2k → 6.3k → 8k → even 10.9k.
If this zone fails → ETH risks a deeper correction towards 2.1k–1.95k.
This is the decisive moment for ETH: either break into new ATHs or enter a prolonged correction.
Not financial advice — manage your risk.
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#Ethereum #ETHUSDT #CryptoAnalysis #ElliottWave #Fibonacci #CryptoTrading #SwingTrading #WeeklyChart #PricePrediction #AltcoinSeason
Trade ideas
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ETH short trade Eth is very downtrend. Price is approaching to supply area with rsi indicating overbought level. We have a clean break of Structure which shows selling pressure is still active.
Moreover, with the multi time frame analysis, the price is below 200 ema which correlates with the 4hr, 1hr, 30m, and 15m, signaling a bearish bias.
ETHUSDT - Faces Downtrend👋Hello everyone, glad to see you again. Let’s take a look at BINANCE:ETHUSDT !
Currently, Ethereum is moving in a clear downtrend. After breaking through the support zone, the decline has intensified. The current resistance levels are around 4,300 USD and 4,450 USD. If the support at 4,100 USD is not held, ETH may continue to experience further correction.
With the Fed's rate cuts and geopolitical issues like the Russia-Ukraine conflict increasing market instability, capital is flowing out of riskier assets like cryptocurrencies. This will continue to put downward pressure on ETH.
Unless there's a reversal from this zone, the strategy and scenario mentioned above seem likely. My target is a short-term price decline. What about you?
Feel free to leave your thoughts in the comments below.
Good luck!
ETH Elliott Wave - WXY Correction Complete soon!This chart analyzes Ethereum (ETHUSD) at the conclusion phase of a major WXY corrective structure, highlighting the technical environment for a new impulsive wave sequence. Price action is assessed using multiple technical indicators:
Elliott Wave Structure: The chart maps a completed 1-2-3-4-5 impulse, followed by W–X–Y corrective waves. The final Y leg approaches the critical Point 4 support, maintaining overall cycle validity and setting the stage for significant trend reversal once completed.
Ichimoku Cloud: ETH price is currently testing the lower bounds of the Ichimoku cloud, reinforcing a major support zone. A close above the cloud would further validate trend reversal; a breakdown would signal extended bearish pressure.
Volume Profile: Recent sessions show a spike in trading volume as price approaches historical support levels, indicating potential capitulation and increased probability of trend exhaustion.
Fibonacci Retracement: Key supports are identified at the 38.2%, 50%, and 61.8% levels, with the 38.2% zone (around $3,600) as a strong candidate for final Y wave completion based on confluence with cloud and momentum indicators.
RSI and Stochastic RSI: Both relative strength oscillators are in oversold territory, consistent with the final stages of a corrective structure. A bullish crossover or RSI divergence would strengthen the reversal thesis.
CVO/OBV: Volume-based momentum indicators confirm heavy participation during the latter stages of the sell-off, validating the probability of a strong bounce once buyers re-enter.
Scenario Outlook:
The analysis anticipates that, upon completion of the WXY correction—ideally above the Point 4 support (roughly $3,350)—Ethereum is set for a new impulsive uptrend as part of the final bull market rally. The setup favors strategic accumulation in the defined support zones, with projected upside targets ranging from previous all-time highs (~$4,950) to extended Fibonacci projections should the market move through a classical 1-2-3-4-5 impulsive wave.
Activation trigger: 4h-close > 3977 (KC-Lower recap)Snapshot (last 4h-candle) — with the meaning of each indicator
• Price: ~3910.5 — current base point.
• VWAP (entire period): ~4245.2; z(Price−VWAP) ≈ −2.72 — price is significantly lower than "fair" (by VWAP), deviation is stronger than usual → increased probability of average return.
• aVWAP (anchors): start 4245.2, 60d 4256.0, from swing low 4036.6, from swing high 4020.0 — below swing anchors ⇒ sellers are locally dominant; below global (start/60d) ⇒ the cycle is still under pressure.
• Donchian 20: High 4228.8 / Mid 4025.1 / Low 3821.3 — boundaries of the local trading frame; Mid is often the target of rotation.
• Donchian 55: High 4643.7 / Mid 4232.5 / Low 3821.3 — "higher" range; breaking Mid changes the balance.
• Volume Profile (~60d): POC ~4490.5, VAL ~3627.2, VAH ~4778.2 — we are far below POC, inside the value-area; POC is a "magnet" for returns.
• HVN (volume nodes): ~4275–4420 and 4538–4610 (stable supply/demand zones).
• LVN (thin spots): ~3939, 4059–4107, 3723, 3435–3531 (slippery acceleration corridors).
• RSI(14): ~16.3 — deep oversold; often anticipates a rebound (but not always immediately in a strong trend).
• MFI(14): ~8.5 — oversold, taking into account volume; reinforces the thesis about a technical bounce.
• CMF(20): ~−0.06 — light capital outflow; for a stable reverse, you need ≥0.
• MACD(12/26/9): line −98.6 < signal −85.5, hist. −13.2 — bearish impulse is still active, the histogram is shrinking → impulse weakening.
• ADX/DMI(14): ADX ~63.0; +DI ~3.4 / −DI ~42.8 — very strong downtrend (−DI ≫ +DI).
• ATR(14): ~81.8$ — characteristic 4h swing; used for buffers.
• Keltner: Upper 4285 / Mid 4131 / Lower 3977 — the price is below KC-Lower: statistically, this is the mean-reversion zone to Mid (if the market makes a level recap).
• Bollinger(20,2): Upper 4291 / Mid 4126 / Lower 3960 — below BB-Lower; mean-reversion to 4126 is likely when the trend weakens.
• BB-Squeeze: OFF — no squeeze; volatility is already open.
• z(Price−VWAP) ≈ −2.72 — the "discount" to VWAP is abnormally large → extreme on the selling side.
• OBV z-scores: z50 −1.98 / z100 −2.56 / z200 −2.93, OBV ROC(10) ≈ −0.16 — volume background for the fall (distribution), no fresh influx of buyers is visible.
• Open Interest: ~1.05M, z(168) ≈ −0.07, ROC(5/10) ≈ +0.05/+0.05 — moderate set of positions on the decline (it looks like shorts were added); this strengthens trend continuations, but also creates fuel for short-squeeze at the recap.
Latest divergences (auto-detector)
• RSI: bullish on Aug 18 07:00 → Aug 19 03:00, bearish on Aug 24 03:00 → Aug 24 19:00
• MACD: bullish on Sep 8 19:00 → Sep 9 15:00, bearish on Sep 15 23:00 → Sep 17 07:00
• OBV: bullish 7 Sep 19:00 → 8 Sep 07:00, bearish 15 Sep 23:00 → 17 Sep 07:00
• MFI: bullish 7 Sep 19:00 → 8 Sep 07:00, bearish 10 Sep 15:00 → 11 Sep 07:00
⸻
What does it mean now
1. Mode: an extremely strong downward trend (ADX>60), with RSI/MFI in deep oversold, and the price below KC/BB-Lower and significantly below VWAP → a technical rotation towards the averages is statistically imminent; without confirmation, the market may still "slide along the lower edge."
2. Profile: under the upper HVN and significantly lower than POC ~4490 → KC/BB-Mid (≈4130) and Donch-20 Mid (4025) will act as a magnet on a stable recap round; above is 4232 (Donch-55 Mid).
3. Derivatives: OI slightly ↑ on red bars and OBV-z strongly neg. — downward extensions are possible, but with the first powerful recap, there is a chance for a short-squeeze.
⸻
Key levels
Resistance: 3977 (KC-Lower) → 4025 (Donch-20 Mid) → 4126/4131 (BB/KC-Mid) → 4232 (Donch-55 Mid) → 4285/4291 (KC/BB-Upper) → HVN-cluster 4275–4420 → 4490 (POC).
Supports: 3960 (BB-Lower) → 3939 (LVN) → 3821 (Donch-Low 20/55) → 3723 (LVN) → 3627 (VAL) → 3531/3459/3435 (LVN-pockets).
⸻
Scenarios and triggers (not the financial council)
A) Basic - rotation to the middle (4025 → 4126/4131)
Status: not activated yet (close < KC-Lower).
• Activation trigger: 4h-close > 3977 (KC-Lower recap) and better > ~4018 (KC-Lower + 0.5×ATR, ATR≈81.8), with RSI > 25–30, MFI > 20, hist. MACD↑, CMF → 0.
• Targets: 4025 → 4126/4131 → 4232 on impulse.
• Invalidator: return < 3977 after recap, especially if OI ROC+ is on a red candle and OBV z50 ≤ −2.0.
B) Continuation of the downward trend
• Trigger: 4h-close < 3821 (Donch-Low), ADX ≥ 40, OBV z50 ≤ −2.0, OI ROC+ on the fall.
• Targets: 3723 (LVN) → 3627 (VAL) → 3531/3459/3435 (LVN-pockets).
• Invalidator: fast return > 3977 and hold.
C) Short-squeeze (acceleration up)
• Trigger: impulse break and hold > 4232 (Donch-55 Mid) or > 4285/4291 (KC/BB-Upper) when OI decreases and OBV increases.
• Targets: HVN 4275–4420 → 4490 (POC) → 4643 (Donch-55 High) on development.
• Invalidator: fake breakout with return < 4130.
⸻
Tactics (example of logic)
• Impulse long (on the base): after closing > 4018. Partial fixation at 4025, main fixation at 4126/4131; then, trail to 4232. Stop under 3977 (or local minimum of the recap) with a buffer of 0.5×ATR (~41$).
• Reversal long (conservative): from KC-Lower/BB-Lower 3977/3960 only when demand reacts (RSI/MFI up, CMF→0/+, hist. MACD is shrinking). Targets 4025 → 4130.
• Contra-trend short: on rejection 4126/4131 → 4232 at RSI<50, hist. MACD↓, OI ROC+ — targets 4025 → 3977; stop — over 4235–4240.
⸻
Briefly: what to expect
The basic setup is a technical rotation up (to 4025 → 4130), but it will turn on only after a recap > 3977 / better > 4018.
• We will confirm the recap → a logical move to Mid-am (4126/4131), with strength to 4232.
• We will break through 3821 on a growing OI/weak OBV → continuation down to 3723 → 3627 → 3530+
Ethereum (ETH/USDT, 4H) – Bounce Setup After Textbook Drop In my previous analysis, I highlighted the $4,700–$4,800 zone as a critical resistance cluster. ETH was rejected exactly from $4,720 and dropped sharply to $3,850, just as projected. ✅
⸻
🔎 Current Outlook:
• ETH has now reached the lower boundary of its descending channel.
• Price is sitting right on the $3,850 support zone, where buyers are showing early signs of activity.
• Momentum indicators suggest that the downside pressure may be exhausting, increasing the probability of a relief rally.
⸻
📊 Scenarios:
🔸 Bullish Reversal (more likely):
If $3,850 holds, ETH could rebound toward:
• First target: $4,100–$4,200
• Extended target: $4,400
🔸 Bearish Case (alternative):
A clean breakdown below $3,850 would expose the next demand zone at $3,600–$3,700.
⸻
📌 Conclusion:
After a sharp and accurate rejection from $4,720, Ethereum is now testing strong support at $3,850. Given the confluence of channel support and demand, the odds favor a bounce scenario over continued downside.
$ETH Bearish Short-Term (September 25, 2025)BINANCE:ETHUSDT
CRYPTOCAP:ETH Strong Bearish Pressure with Oversold RSI Signals
Overall Price Trend: ETH has experienced a sharp decline from recent highs around 4,700-4,800 USDT earlier in the period, now hovering near 3,472 USDT (as labeled on the chart). The recent candlesticks show a series of strong red (bearish) bars, indicating heavy selling pressure in the last few hours. This mirrors broader market weakness, possibly correlated with BTC's drop.
Ichimoku Cloud:The price is firmly below the cloud, a classic bearish setup signaling sustained downward momentum.
Tenkan-sen (red line) is below Kijun-sen (blue line) in a bearish crossover, and the cloud itself is thinning but still reddish and acting as overhead resistance. The Chikou Span (lagging line) is also below price action, reinforcing the downtrend.
RSI (Relative Strength Index): At the bottom panel, RSI is deeply oversold at 21.31—well below the 30 threshold. This suggests the selling has been exhaustive, potentially setting up for a short-term relief bounce. However, in a strong bearish context like this, it often just signals a pause rather than a full reversal.
Volume and Momentum: High volume on the red candles points to aggressive selling, with no immediate bullish divergence. The price is testing potential support around 3,400-3,450 USDT, but the momentum lines (like the blue trendline) are sloping downward sharply.
Summary: The chart remains Bearish dominantly, with the drop accelerating. The extreme oversold RSI adds a layer of caution for a possible pullback, but the Ichimoku setup keeps the bias downward.
Forecast Until Tomorrow (September 26, 2025):Based on the 2H chart, the bearish trend may continue in the coming hours, but with a small chance of rebound due to the deeply oversold RSI.
Here are the possible scenarios:
Base Scenario (Bearish, 75% probability): Price could test lower levels around 3,300-3,400 USDT if selling persists (especially if the cloud remains resistant). This would happen without a positive Ichimoku crossover or a strong green candle, and it's likely if broader market (e.g., BTC) stays weak.
Alternative Scenario (Mild Bullish, 25% probability): A short-term bounce to 3,550-3,650 USDT, if RSI climbs above 30 and price breaks the Tenkan-sen. This would be temporary, without changing the broader bearish trend.
To monitor, watch key levels: Support at 3,417 (recent low), resistance at 3,584 (near-term high). If ETH breaks below 3,400, it could accelerate lower; a close above 3,500 might signal temporary relief.
$ETH Bearish Short-Term (September 24, 2025)BINANCE:ETHUSDT
Summary of Price Action:
Recent Movement: In the last 24 hours, ETH has dropped by about 1.12%, reaching around $4,133 - $4,175 this morning (UTC). This follows a slight recovery from lows near $4,092 on September 22, but it's now retesting support at $4,100 amid strong institutional redemptions. In your 2H chart, we see a series of red candles (bearish) indicating selling pressure, with trading volume increasing during the decline, confirming seller interest.
Key Levels:
Support: $4,100 (immediate level, tested today) and $4,000 - $4,092 as a stronger lower zone. If $4,100 breaks, we could see a drop toward $3,900.
Resistance: $4,180 - $4,200 (strong level with recent rejections). A break above $4,200 would signal recovery toward $4,300.
Volume and Liquidity: 24-hour volume is around $34.8 billion, with large liquidations tied to $141 million in spot ETF outflows over the past day, mostly from institutional longs. This shows smaller traders suffering from bearish pressure.
MACD Indicator Analysis :In the chart you sent, the MACD line (blue) is crossing below the signal line (orange), with the histogram turning more negative (red bars growing). This indicates a bearish divergence – the price is weakening while momentum is losing strength. MACD is below the zero line, confirming a weak short-term trend. RSI (at similar levels) is around 40-50, signaling lightly oversold, but still without strong buy signals.
Overall Trend:
Bearish Short-Term, Bullish Long-TermShort-Term (Today/Next Day): Bearish.
The price is consolidating in a bearish channel, with predictions for further downside toward $4,000 - $4,092 today or tomorrow, due to fear sentiment and pressure from ETF outflows. This matches your chart, where we see a potential descending triangle pattern (but still uncertain). Avoid immediate buys – wait for confirmation below $4,100 for shorts or above $4,180 for longs.
ETH Crash or Bounce? The Critical Level Everyone Is WatchingEthereum (ETH/USDT) – Critical Support Test Ahead
Ethereum is currently under pressure after breaking below the $4,000 support. The next significant level to watch is the $3,760 zone, which is not only a strong technical support but also aligns with the Elliott Wave 4 bottom as well as a key Fibonacci retracement area.
Key Scenarios
1. Bullish Recovery (Primary Expectation)
If ETH holds above the $3,760 support, we can expect consolidation in the range of $4,000 – $4,350.
This zone is likely to act as a base for Ethereum until broader market conditions stabilize.
Once momentum returns, ETH has the potential to resume its upward trend.
2. Bearish Breakdown
If ETH fails to defend $3,760, then deeper downside levels may come into play:
$3,450
$3,270
$3,000
This would represent a sharp and aggressive downturn. While possible, this remains weak scenario, given how violent the move would be.
Why the Answer Lies Outside ETH’s Chart
The real driver here isn’t just Ethereum—it’s the total "crypto market cap excluding BTC" as I have warned 2 days ago that's it's falling into a correction
The altcoin market cap is currently in correction as capital flows back into Bitcoin dominance, which has already broken its downtrend line and reached today 59%.
If the altcoin market cap holds its critical support and BTC dominance starts dropping, we can expect a broader bullish recovery across altcoins, with Ethereum following.
If that support breaks, then the weaker bearish scenario may unfold.
Conclusion
For now, the $3,760 support remains the critical line in the sand. Holding it keeps Ethereum within a bullish recovery path. Breaking it could open the door to deeper corrections.
ETH Pullback before ATH and AltseasonOver the past few months, ETH has been a beast. Now it needs to cool off before it can push to higher highs, igniting the broader altcoin market and the long-awaited "altseason."
Coinciding with an oversold RSI, I anticipate that we will see a "sell the news" event for next week's FOMC announcement on 9/17. This aligns with historic seasonality of September being a bearish month.
My forecast is that we pull back to the $3,900-$3,500 zone (.618 fib and 21 week EMA confluence) before pushing to higher highs.
IF ETH holds above $5k with volume, this will allow the broader altcoin market to pump, attracting massive liquidity to close out Q4 in euphoria.
Happy trading,
Melonfarmer
ETH 1D Analysis - Key Triggers Ahead | Day 27❄️ Welcome to the cryptos winter , I hope you’ve started your day well.
⏰ We’re analyzing ETH on the 1-Day timeframe
👀 On the daily timeframe we observe that Ethereum is trading inside a strong ascending channel. Currently, after touching the channel top, price moved toward the midline, lost the midline, and is now heading toward the channel bottom. Ethereum reacted once at the 38% Fibonacci zone, but selling pressure is increasing, and with losing this support level around $3,930, ETH can move toward the channel bottom and even lower support levels.
🎮 The Fibonacci retracement is drawn from the $2,600 breakout area up to the all-time high of Ethereum, which clearly covers all the support and resistance zones. At this stage, Ethereum has reacted to the 38% Fib level, but with losing this area it could move toward the key support overlapping with the channel bottom. The 38% zone observed in this analysis has high validity in daily price action, and with breaking this area we can open a short position.
🧮 Looking at the RSI oscillator, after creating a new all-time high, Ethereum entered selling pressure and is now near its oversold area. Our key RSI zone is also located here. With a cross below 33, Ethereum could experience a deeper correction and fully enter the oversold range.
🕯 The size and volume of red candles for breaking Fibonacci zones usually happen in a whale-driven manner. Normally, before the move, one or two opposite stop-hunts with shadows (wicks) appear, and then the move continues. The recent candles Ethereum has formed show strong selling volume, and candle closes below the 38% Fib zone together with selling pressure can bring even more red candles.
🧠 For an Ethereum position, it seems better to wait until whales and sharks of the market finish their stop-hunts. On the third touch, for example, with a break of the 38% Fib zone and entry of ETH into the oversold RSI area, we can open a sell position.
💡 Keep in mind that today the U.S. labor market has strengthened significantly, and there may be no signal of upcoming rate cuts in the next Fed meetings.
❤️ Disclaimer : This analysis is purely based on my personal opinion and I only trade if the stated triggers are activated .
Ethereum (ETH): Back Near $4000 | Huge Shakeout Going OnETH has had a nasty fall since breaking the long trend holders' EMAs. Since then we were looking for a reclaim of EMAs but what happened was the price bottomed at $4000, which is a strong support zone!
Every indicator is telling us the ETH is oversold and so we are looking for some kind of bounce to happen anytime soon, which would lead to a retest of EMAs, and then most likely back above them and movement to a new ATH!
Swallow Academy
ETH - First Key TestHere is a link to our last post:
We were seeing some market structure be build with three different bottoms come in around the $4,060 level.
However, last night those lows were breached which lead us to our first test of the macro support range.
This area ranges from about $3,700 to $3,950. It is very important as it was a level of resistance for many years and we would like to see the market establish this area as a new level of support. If this is established the trend will be intact to push toward highs.
We just saw the first test and bounce from the top of the box at $3,950. Will be key to monitor how the market reacts to this price action and will be looking for any further bottom developments in this macro support range.
ETH/USDT | Correction Over? Big Rally Loading After Demand ZoneBy analyzing the Ethereum chart on the weekly timeframe, we can see that after Bitcoin’s heavy dump , ETH also corrected and is now trading around $4,200 .
Based on the previous analysis, the $3,300–$3,900 zone is still a key demand area. If the price enters this zone, I expect Ethereum to start its next bullish wave.
The possible upside targets for this rally are $5,100, $5,500, and $6,000.
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Best Regards , Arman Shaban