$ETH wave count splits two ways, both ugly near-term.
First read: 3–3–5 flat. That means one more fifth-wave leg down finishes the correction, then we're done bleeding and can look for recovery.
Second read: bearish 1–2 into a larger third wave. That's not a correction ending — that's a bigger downtrend just getting started.
Big difference. One scenario wraps the pain, the other extends it.
Short-term bounce? Maybe. But I'm positioned for more downside regardless. Weakness likely spills across crypto — $BTC, alts, the whole board.
Confirmation is everything. Don't front-run the structure. Wait for the evidence, then trade what you see, not what you hope.
Stay patient. Stay disciplined. Follow the wave.
First read: 3–3–5 flat. That means one more fifth-wave leg down finishes the correction, then we're done bleeding and can look for recovery.
Second read: bearish 1–2 into a larger third wave. That's not a correction ending — that's a bigger downtrend just getting started.
Big difference. One scenario wraps the pain, the other extends it.
Short-term bounce? Maybe. But I'm positioned for more downside regardless. Weakness likely spills across crypto — $BTC, alts, the whole board.
Confirmation is everything. Don't front-run the structure. Wait for the evidence, then trade what you see, not what you hope.
Stay patient. Stay disciplined. Follow the wave.