🔥 *ETHEREUM $ETH WAVE THEORY ANALYSIS! 📊*

The chart is telling a story! 📈 Let's break it down:

*CURRENT SITUATION:*

- 15-minute level: Going long has risen 📈

- 4-hour level: Looks bearish, it has fallen 📉

*DEFINING LONG AND SHORT:*

It's all about the level you're operating at and the cycle you're in! 🔑

*WAVE DEDUCTION:*

Assuming we're in the main upward wave:

1. Downward phase: ABC three-wave decline to 3350 📉

2. First wave upward: 3350 to 3735 🚀

3. Second wave pullback: 3735 to 3545 (precise test of 0.5 Fibonacci level) 🔄

4. Third wave main rise: 3545 to 3968 (extremely close to theoretical target of 3970) 🔥

*KEY RESISTANCE AREA:*

3968 vs 3970, a mere 2 points difference! 🔑

*SUBSEQUENT STRATEGY:*

- Long conditions: Wait for pullback to 3750-3735, then look for breakout above 3970 with volume 🚀

- Targets: 4120 (third wave extension) and 4350 (further upside potential) 🔜

*INVALIDATION POINT:*

If it breaks below 3735, the main upward wave structure assumption is invalid! 🚨

*STAY ALERT, STAY ADAPTIVE! 💡*

What's your take on this analysis? Do you agree with the wave deduction? 🤔 Share your thoughts! 💬 #EthereumNews m #WaveTheory #CryptoAnalysis" #tradingStrategy