The analysis of ETHUSD identifies a five-wave move upwards from April, with wave three extended to the 123.6% level. Bearish divergence is forming since July 2025. A move below the 21-day and 9-day moving averages suggests a downward trend. Expectation for a move towards 3084 and 3627. The analysis presents an alternate scenario, considering a retest of the 200-day moving average at the diagonal support and a higher target of 10429. The target is 6778, a conservative target on the higher side. The analysis uses Elliott Wave, RSI and Moving averages.