At least the downward spiral has been halted for now but hopefully like you said, consistent sideways usually means we're ready for a significant move & hopefully it's upwards.
Chart looks good to me. With the effects of the halving taking hold, the next miracle run might just be in sight.
A number of us have pointed out that long sideways low volume periods usually end in a significant move up, or down. The reduced supply should stop those miners dumping as much, which should pave the way to a good pump soon.