Ethereum Daily View – Tracking Wave C in Action

On the daily timeframe, Ethereum is unfolding within the early stages of Wave C, following the completion of a flat correction pattern.

The price has completed Wave (i) and appears to be in a corrective Wave (ii) targeting the 0.5–0.618 retracement zones (around $2366 to $2485).

Upon completion of Wave (ii), a sharp Wave (iii) decline towards the 1085–754 zone is expected.

📈 For a bigger picture, please refer to my Weekly and Monthly Ethereum analyses.

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