Ethereum ( $ETH ) Bullish Analysis:
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Ethereum's current pullback is seen as a temporary correction (wave four) before another upward push. Key levels to watch:
- Support: $2,887-$3,174
- Upside targets: $3,511, $3,692, and $3,938
- Critical hold: 50% retracement at $2,887
Long-term outlook: A potential fifth wave could reach $5,730-$8,000, but caution is advised as ETH faces its next significant test in the incoming fourth wave. Stay updated and flexible as the micro structure unfolds.
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