Ethereum / TetherUS
Long

ETH correction, potential target, EW

83
Here is a potential scenario for ETH, this would retrace the whole ETF pump and make everyone super bearish, just what the market loves.

If this is a standard ABC wave 4 correction, we have completed 5 waves down, now 3 up since the ETF announcement, and a further 5 corrective waves could finish at the 1-1 FIB Extension, which is also the previous top as well as the bottom of the corrective channel and 2 untapped daily levels, around 2750-2700.

#not financial advice

Thanks!

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