The analysis suggests Ethereum is attempting a move higher. The M2 shows a bottom in the first week of August indicating a potential reversal point for both Ethereum and Bitcoin. For Dogecoin, a chopping bottom pattern is identified, suggesting bullish potential. A rally might occur, but the speaker says it is unlikely to be more than an uptrend that consolidates around .24. After August 10 a very large move up is expected, setting up a rally. The bottom would be in October after the bull run this may signal the end to bullish behavior. However it is important not to depend on one indicator.