$ETH Ethereum (ETH), trading near $1,800, shows a bullish structure under the Elliott wave count. After a corrective low around $1,380, ETH would have completed a wave 2 and is developing an impulsive wave 3. This phase is usually the strongest, and technical projections set targets between $2,400 and $2,500 if it maintains the structure. To validate this count, ETH must hold support above $1,700. A loss of that level could indicate that it is still in correction. As long as it maintains the sequence of higher highs and higher lows, the bullish continuation scenario remains favored.
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