ETH - Historic 2 Week Signal

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ETH - Historic 2 Week Signal EthereumCRYPTO:ETHUSDVIAQUANTETH has just created incredible market structure that is likely to signal either a local low with a rally back to $2,060 to $2,150, or potentially the bear market bottom itself. Here is why. To break this down properly, it is important to look back at these two ideas: For many months I have been outlining this macro weekly structure to help identify the bottom or significant lows during the 2026 bear market. Building off this, I recently posted this idea: This was while ETH was still trading below $1,600, but I pointed out that ETH had created a quad bottom on the daily chart. I also mentioned something that relates directly to the 2-week close that has just occurred. In that idea I stated: "One other important note on the more macro timeframe. ETH needs to see this weekly candle close back around $1,700. If it can accomplish that it will save the weekly structure with the two-week close. The low has still remained at $1,500 and the structure will remain intact with the two-week candle closing back at or above the orange trendline." Bulls have indeed managed to do this and shown the demand needed to form a low in this region. I was expecting a close above $1,700 and the strength has been remarkable, with the close coming in closer to $1,800. This is happening because ETH is currently showing strength relative to Bitcoin, building on the ETH/BTC idea I recommend reviewing from June 15th: Even with last week's candle closing below the orange trendline, the 2-week chart has saved the trend and the market structure is perfectly intact for a massive rally. I want to highlight the 2-week RSI as well. There has been a legacy trendline in place since the $880 bear market low in June 2022. Recently the 2-week RSI created a double bottom, testing that legacy trendline while price simultaneously created a lower low. This formed a bullish divergence, which should be a powerful signal for price to move back to the upside. The final thing worth noting is the double bottom in price. ETH created its first low on June 6, 2026 at $1,505, then on June 26, 2026, { (6 - 26 - 2 - 26) for anyone who appreciates the numerology ;) } , created the second low. Since this low was within less than 1% of the first, I am comfortable considering this a confirmed double bottom. Double bottoms are extremely powerful signals. This same pattern helped me identify ETH's bear market low the day after it occurred back in 2022, documented in this idea here: All of these signals are setting up to create a massive move for crypto this week and next.