Ethereum hit a new low last Friday and is now showing signs of a potential rebound. While a short-term recovery is more likely, the overall trend remains bearish. $ETH



According to Elliott Wave theory, Friday's low marked the end of the third wave, and the fourth wave is currently in progress.

If the rebound continues, the first key resistance zone lies between 1605 and 1668. Breaking above this area could open the door to 1823 to 2224, but for now, this bounce still looks corrective rather than the start of a new uptrend.

Friday's low remains a key support level, while 1605–1668, 1690, and 1823–2224 are the main resistance levels to watch.

Unless the current structure becomes more aggressive, the likelihood of another decline after this rebound remains high.
#美光市值超越Meta跻身全美前十
ETH2.25%
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