#ETH is currently showing a bearish structure, meaning the price may continue moving lower after any short-term bounce.
There are two possible scenarios:
🟢 Scenario 1 — 3-3-5 Flat Correction:
One final downward wave may be left. If that wave completes the pattern, the correction could end and ETH may start a recovery.
🔴 Scenario 2 — Bearish 1-2 Impulse:
If this structure is confirmed, the current decline could be only the beginning of a much larger third wave, meaning more downside may be ahead.
Key point: Don’t predict the direction too early. Wait for confirmation from price structure before entering a trade.
Respect your stop-loss, manage risk, and stay patient. Let the market confirm which scenario is playing out.
#FedMinutesFocusOnOctoberPause #BinanceLaunchesBinanceIntelligence
There are two possible scenarios:
🟢 Scenario 1 — 3-3-5 Flat Correction:
One final downward wave may be left. If that wave completes the pattern, the correction could end and ETH may start a recovery.
🔴 Scenario 2 — Bearish 1-2 Impulse:
If this structure is confirmed, the current decline could be only the beginning of a much larger third wave, meaning more downside may be ahead.
Key point: Don’t predict the direction too early. Wait for confirmation from price structure before entering a trade.
Respect your stop-loss, manage risk, and stay patient. Let the market confirm which scenario is playing out.
#FedMinutesFocusOnOctoberPause #BinanceLaunchesBinanceIntelligence