Ethereum remains in a strong recovery, with the current consolidation potentially representing wave 4. A pullback toward support could set the stage for another move higher in wave 5 toward 2900–3000.


Ethereum is recovering strongly within the projected five-wave impulse, as expected. Price is still consolidating near the highs, suggesting that wave 4 correction may still be in progress. ETH could revisit the 2570–2350 support zone before a bullish continuation into wave 5, with the next target around the 2900–3000 area.

$ETH

ETH
ETHUSDT
2,500.45
+0.26%