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📈 Ethereum (ETH) Long Position Outlook
Ethereum is currently one of the most difficult assets to predict in terms of direction.
Recently, it has shown frequent irregular movements, which—while unpredictable—can be attractive from a short-term trading perspective due to the increased volatility.
From a technical standpoint, Ethereum appears to have completed its B wave.
When measuring the 5-wave structure using trend-based Fibonacci extension, the B wave concludes near the 0.786 level.
This 0.786 extension is a custom wave ratio developed by the Seovereign team and has shown strong reliability in live trading scenarios.
To avoid visual clutter on the chart, we have chosen to highlight only the most important 0.786 level in this analysis.
All detailed wave counts and ratios have been marked on the chart, so feel free to refer to them for more specifics.
🎯 Target Levels
1st Target: 2,555
2nd Target: 2,589
3rd Target: 2,624
Due to the high volatility, the potential for opportunity is also high—but proper risk management remains essential.
This zone is considered a technically valid entry point for a long position.
Approach the market with flexibility and strategic focus.
