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 Online23 Jan 2026, 09:57 UTC
AI-generated source summary
The analysis interprets the Ethereum chart (ETHUSDT) using Elliott Wave theory, discussing an ABC correction structure. The speaker presents an alternative interpretation where the current price action is part of a larger A-wave, followed by a potential B-wave that targets a resistance area between $3,189 and $3,283. This resistance is identified as the potential completion of a 'yellow circle Wave 2', indicating a corrective bounce. Following this corrective B-wave to the resistance, the chart suggests a subsequent bearish move in a larger C-wave. The presenter emphasizes that the resistance area around $3,189 to $3,283 remains a significant level, irrespective of minor wave count variations, primarily affecting microstructures.
AI-generated summary based on the source content.
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