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.

AI-generated source summary

Ethereum's price action reveals a choppy, sideways consolidation since late November. The previous upward movement, identified as yellow Wave 4, reached resistance between $3165 and $3550, fulfilling prior upside expectations. Subsequently, the market experienced a dip, finding support in the $2745 to $2917 range over the recent weekend. The current analysis posits an potential extended Wave 4 to the upside, termed the 'blue scenario,' contingent on the sustained hold of the established support zone. A decisive breach, not merely a transient wick, above the micro-resistance level of $3169 is essential to confirm this bullish outlook. The next significant resistance is projected around $3350, which aligns with both the 50% Fibonacci retracement and the upper boundary of the prevailing trend channel. The price currently remains below micro-resistance ranging from $3076 to $3169, indicating a lack of immediate confirmation for higher price movement. Despite an observed five-wave pullback followed by a bounce from support, a clear breakout has not yet materialized. The daily timeframe perspective indicates continued price testing within the broader resistance area of $3136 to $3550, with potential to challenge the 50% or 61.8% Fibonacci levels. Given the prevailing corrective structures and absence of a strong impulse trend, a cautious approach is recommended.

AI-generated summary based on the source content.

Evidence and evaluation progress

1. Original source published

   08 Dec 2025, 07:16 UTC

   The analyst published the original source item.

2. First prediction resolved

   09 Dec 2025, 16:00 UTC

   The first evaluable outcome in this case reached a terminal result.

3. Case evaluation completed

   09 Dec 2025, 16:00 UTC

   All evaluable predictions in this case reached terminal outcomes.

4. Source recorded by Tahlil Plus

   18 May 2026, 20:23 UTC

   The public source was preserved as the evidence record for this case.

5. Market predictions extracted

   18 May 2026, 20:48 UTC

   1 eligible signal linked to this case.

6. Outcome tracking started

   02 Jul 2026, 01:22 UTC

   Tahlil Plus began monitoring the extracted predictions.