🚀 Ethereum Market Update – Aug 14, 2025 🚀

📊 Current Structure:

$ETH in Wave 4 pullback from Aug 14 high.

Price dipped into micro support: $4,476 pivot level.

No confirmed bottom yet — but holding above pivot keeps chance for one more high.

📌 White Scenario (Primary):

Wave count: 1 → 2 → 3 → 4 → 5 (Aug 11 low start).

As long as $4,476 holds, scope for another high before larger correction.

Break below = larger Wave 4 in play.

📌 Yellow Scenario (Alternative):

Same overall structure, but allows for pullback first before going higher.

Key support zone: $4,123 – $4,272.

Break of micro support → target this larger support range.

📏 Decision Levels:

$4,476 – Pivot; break = top likely in.

$4,272 – $4,123 – Larger Wave 4 support.

$4,100 – Critical level to keep bullish structure intact.

⚠ Technical Notes:

Price already hit main target area & shows extended wave count.

Micro support is weak — failure here could trigger deeper retrace.

Above $4,476 = chance for final push higher; below = deeper Wave 4 likely.

#ETH #Ethereum #Crypto #TechnicalAnalysis #ElliottWave #MarketUpdate