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ETH today dipped below $2000 intraday, currently around $1985. From a technical perspective, the 4-hour and daily moving averages are both in a bearish alignment, indicating a strong confirmation of the downtrend. However, at the same time, multiple oversold indicators such as RSI, CCI, and WR are bottoming out simultaneously on the 4-hour and daily charts, and the 4-hour MACD shows a bullish divergence — these signals suggest one thing: the momentum of the decline is weakening, but there is no clear reversal signal yet.