Possible last pump up before the real bottom.
Updated
Nothing more to explain that is not in the chart, I think this is the third repetition of the cycle. event though is a weird one compare to the other two(making special remark on the higher highs that in this case were so disappointing), seems to be following the same structure.
Note
I forgot to mention the bullish divergence in the 1D chart (marked in the last 17 days)
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