This video provides a professional Elliott Wave and technical analysis of Ethereum (ETH), focusing on market structure, major support and resistance zones, and both bullish and bearish possibilities. The goal is to give viewers a clear, educational overview of Ethereum’s current market setup.
1 extracted signal · 1 resolved · 0 still active
More Crypto Online06 Nov 2025, 17:53 UTC
AI-generated source summary
The analyst discusses Ethereum's price action on the daily timeframe, noting it has pulled back significantly. The white scenario, projecting a rise to $6,000, is still valid but less probable due to the depth of the pullback. A previous support level at $3,370 was broken around November 4th. A transition towards a yellow scenario is suggested, anticipating a possible corrective pullback with a subsequent upward C wave towards $6,000. No immediate bullish impulse is evident. A trend channel is introduced, showing potential downward movement. First resistance is between $3,316 and $3,611. Possible price decline towards $2,626 is mentioned in wave three, followed by a subsequent wave one to the upside. He emphasizes that a five wave upwards breakout through the identified resistance is needed to shift probabilities back towards the white scenario.
AI-generated summary based on the source content.
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