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Ethereum market outlook sees a turning point. A senior trader's technical analysis indicates that the recent decline in ETH may have come to an end, with a potential to break through the upward channel established since April last year. Based on this assessment, a reasonable short-term target is around $5,413, and if taking a more aggressive stance, $7,155 is also possible. If this rebound materializes, it would be a significant boost to the overall market sentiment.