$ETH USDT:

Ethereum's current rally is looking like a dead cat bounce.

ETH/USDT is struggling to break above the middle Bollinger Band, a key resistance level. With the price still well below its late May highs and a clear downtrend visible, the recent green candles might just be a temporary reprieve before another move lower. Watch for a rejection from the middle band, which could signal further downside towards the lower band or even a retest of recent lows.

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