$ETH

📊 Ethereum (ETH) Analysis According to Elliott Waves

🔹 Current Situation:

• The price has shown an initial bounce from the micro support area.

• This interaction may be a signal for the beginning of the upward circular wave C.

🔸 Basic Condition:

• To maintain this scenario, the price must remain above the $4239 level ✅

⚖️ Conclusion:

• The bullish scenario is still in place, with the condition of staying above $4239.

• Any clear break below this level may weaken the bullish probability and open the door for a deeper correction.