Wave 1: Low formed around $3,270

Wave 2: Retracement up to ~$3,340 (Corrective A-B-C)

Wave 3: Impulse breakout reaching ~$3,480 (strong volume)

Wave 4: Ongoing correction, likely consolidating between $3,400 – $3,430

Wave 5 (Expected): Projection to $3,550–$3,600, if bullish momentum holds

---

📊 What to Watch:

If ETH holds above $3,400, it supports Wave 5 continuation.

Break below $3,380 may invalidate bullish setup and signal extended correction (Alt count: W-X-Y).

RSI and MACD on 1H remain neutral-bullish; volume declining slightly in correction.

---

🔔 Summary:

ETH looks to be in Wave 4 consolidation after a strong Wave 3. If bullish trend resumes, Wave 5 could push ETH toward $3,600. Caution if it breaks below $3,380 — may signal a deeper pullback.

#TrumpBitcoinEmpire #BTCvsETH #ETHBreaks3700 #StablecoinLaw #NFTMarketWatch $BTC $ETH $XRP