$ETH 1Hr – Elliott Wave Breakdown

Ethereum looks to be in the final stretch of a 5-wave impulse, with Wave (5) pushing toward completion. So far, the structure’s holding clean.

🔹 Wave (5) target zones (Fib extensions):

• $2,679.64 → 1.618 extension

• $2,704.27 → 1.302 extension

These levels could mark short-term tops before a corrective phase kicks in. If confirmed, expect a pullback targeting key Fib retracements:

🔻 $2,640.92 (38.2%)

🔻 $2,628.96 (50%)

🔻 $2,617.00 (61.8%)

Watch volume and candle behavior near these zones—retracements may offer a cleaner entry.