The ETHUSD market situation is similar to that of the BTCUSD. About two weeks ago, the market has started declining in the initial part of the bearish impulse. The market is about to finish the first sub-wave A, which is a five-wave impulse. The price could be declining to a level of 1630.00. Next, the market should rise in corrective wave B to a level of 2991.00, where wave B will be 50% of wave A.