$ETH Currently, ETH shows a structure that suggests it is completing a corrective wave (possible wave 4), following a strong prior impulsive wave. The retracement remains above a key level close to $2,800, which could indicate support. If it respects this area, it could initiate a new impulsive wave upwards (wave 5), with a potential target between $3,600 and $4,000. However, if it loses support, we could see an extension of the correction towards $2,400. The volume decreased during the drop, which reinforces the possibility of a rebound.