{"content":"🔹 Ethereum ($ETH ) 🔹 📍 Current Setup: ETH trading above $4,612 (78.6% Fibonacci extension) after breaking $4,400 Next major targets: $4,850 – $4,900 (2021 high zone) Uptrend intact; in a third wave which often extends further before pullback 📊 Key Levels: Immediate Resistance: $4,762 → $4,850 → $4,900 Short-term Support: $4,558 (minor), $4,427 (critical micro support) Major Breakout Point: $4,100 (must hold to maintain bullish structure) Deeper Pullback Support: $3,319 (Fibonacci daily support zone – still bullish if held) 📈 Scenarios: Bullish Path (Preferred): Hold above $4,427 → push toward $4,762 and $4,900 Third wave extension still likely before a fourth wave pullback Bearish Trigger: Break below $4,427 → signals start of larger Wave 4 correction Break below $4,100 → deeper retracement possible toward $3,319 💡 Market Takeaway: ETH remains in a strong uptrend with momentum favoring $4,900. Pullback is due but not yet confirmed. As long as $4,427 holds, bulls remain in control. Risk/reward begins to tighten as price nears vertical third-wave peak. #ETH #Ethereum #CryptoUpdate #ElliottWave #BinanceSquare #BullRun ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025082025/08/13/a3cfbeb82c534b93bb860af62a93cd0a.jpg"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}