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CryptoBullet1 Avatar CryptoBullet @CryptoBullet1 on x 170.9K followers Created: 2025-07-21 12:03:24 UTC

$ETH Monthly chart | Macro Perspective UPDATE

So, we've got a good mid-term bounce exactly as I expected 👌

and looks like we’ve invalidated the bearish scenario (Wave Y to $700) by breaking above the red Rejection Zone 📈

We can’t ignore this strength. This doesn’t look like a Dead Cat Bounce

Now we have to wait for the monthly close to confirm the bullish bias for the rest of the year 🐂

XXXXXX engagements

Engagements Line Chart

Related Topics candle bearish $eth ethereum coins layer 1

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