$ETH

🌀 Current Situation: Wave (5) Upward

Analyses indicate that Ethereum is currently moving within wave (5) of a bullish cycle that began on April 9, 2025. The previous waves have been identified as follows: 

• Wave (1): Ended at $1,687.20.

• Wave (2): Correction to $1,473.

• Wave (3): Strong rise to $2,738.90.

• Wave (4): Double correction (WXY) ended at $2,405.20. 

Currently, wave (5) is developing with an internal division into five sub-waves, where sub-wave 1 reached $2,615.40, followed by sub-wave 2 at $2,454. As long as the price remains above $2,405.20 (end point of wave 4), the forecast remains bullish. 

🔮 Upcoming Forecast: Continued Upward Movement

Forecasts suggest that Ethereum may continue its rise within wave (5), with the possibility of reaching levels above $2,738.90 (peak of wave 3). It is advisable to monitor support levels between $2,350 and $2,400, as they may attract buyers in the event of short corrections.  

📊 Suggested Trading Strategy

• For short-term traders: Monitor the $2,350–$2,400 area for buying opportunities.

• Risk Management: Place stop-loss orders below $2,320 to protect positions from negative reversals.

#Write2Earn