$ETH
📊 Ethereum (ETH) Analysis on the Weekly Frame – According to Elliott Waves
• ⚪ White Scenario: The market seems to be in the last stages of the ascending wave V.
🔼 We might see a new peak above $4,800 with a potential extension to the $5,500 – $6,000 area.
• 🟠 Orange Scenario: The rise might extend further. But at the first correction, we need to monitor the key support area between $1,810 – $3,500.
📉 From here, a strong ascending wave C could launch, pushing the price in the long term to $11,000+ 🚀.