$ETH
💎 Ethereum (ETH) Analysis
📊 Current Wave:
I still see that the microstructure within Circle Wave 5 will look better with an additional peak, but so far we have not seen a healthy Wave (4).
⏳ Near-term Outlook:
Wave (4) could start at any moment, but breaking the $4476 level will be a signal that Wave (iii) may have already completed, which could open up the possibility of testing the $4100 area.
✨ Conclusion:
The upward trend is still intact, but monitoring the $4476 support is crucial before any deeper drop.