Ethereum’s level at 2,172 could very well be the interim bottom of this downtrend. The underlying logic is clear: a textbook bullish divergence has formed on the four-hour chart, the daily MACD has simultaneously formed a golden cross, and a high-volume bullish candle with a range close to 9.89% has confirmed the move. This combination of three converging signals has appeared only three times in the past year. Historically, after this set of signals has appeared, the market has generally gone on to rally by 15% to 20%.