Ethereum is unfolding a textbook 7-legged Expanding Diametric on the 3H chart — one of the cleanest emotional and structural patterns in corrective formations per Glenn Neely’s NeoWave theory.
Here’s the breakdown so far:
🔷 Wave A: Initiated with strong emotion — longest leg so far
🔷 Wave B: Quick contraction
🔷 Wave C: Moderate bounce — smaller than A, larger than B
🔷 Wave D: Contracting correction, smaller than B
🔷 Wave E: Sharp upward push, but still less than A
🔷 Wave F: Deep and emotional drop — aligns with the rhythm
Now we are preparing for the final Wave G, which must:
🔹 Expand beyond Wave E (and possibly near A)
🔹 Remain corrective, not impulsive
🔹 Appear emotional — many mistake G for the start of a new trend
🔹 Likely hit the 2737–2742 USDT zone
🔹 Possibly begin after one last minor drop (trap) to maintain deception and rhythm
⚠️ If Wave G forms as expected, this pattern completes a full Expanding Diametric, meaning the next significant structure afterward may be either a complex correction or a trend resumption.
📌 Keep an eye on short-term rejections, but the larger wave psychology points toward one final emotional spike before pattern conclusion.
