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

The analysis commences with a macro perspective on Ethereum's daily chart, highlighting its consistent movement within a discernible downtrend channel since August. The channel exhibits precise boundaries, confirmed by multiple touchpoints on both upper and lower trendlines. Notably, the price respected the lower boundary, coinciding with a 50% Fibonacci retracement, preventing a daily candle close outside this support. The market subsequently faced resistance at the channel's centerline, a level that previously acted as both resistance and support. Currently, Ethereum is struggling with the upper boundary of this channel, which is also aligned with the 50% and 61.8% Fibonacci retracement levels of a prior price movement, specifically at $3,356.49 and $3,553.52, respectively. A short-term push higher to complete Wave 4 is considered likely before a subsequent fifth wave decline. On a shorter 30-minute timeframe, a five-wave decline from this week's high suggests a potential 1-2 setup for bears. This bearish setup would be validated by a break below the Thursday low, located around $3,147, making it more probable that the price will test the swing low from the previous Sunday and the channel's centerline. The primary target for the ensuing bearish movement, identified as Wave 5, is projected within the Fibonacci retracement zone of $2,626.77 to $1,820.72, with the 61.8% level at $2,258.12 being a key focus.

AI-generated summary based on the source content.

Evidence and evaluation progress

1. Original source published

   12 Dec 2025, 18:25 UTC

   The analyst published the original source item.

2. Source recorded by Tahlil Plus

   18 May 2026, 20:23 UTC

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

3. Market predictions extracted

   18 May 2026, 20:48 UTC

   1 eligible signal linked to this case.

4. Outcome tracking started

   02 Jul 2026, 01:22 UTC

   Tahlil Plus began monitoring the extracted predictions.

5. First prediction resolved

   02 Jul 2026, 01:22 UTC

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

6. Case evaluation completed

   02 Jul 2026, 01:22 UTC

   All evaluable predictions in this case reached terminal outcomes.