ETH is potentially forming a wave-(4) on the chart right now. The key zone to watch is the $3,040 support level—if it holds, we might see the current scenario play out. But here's the thing: once we get a solid break below $3,040, that yellow scenario could take over completely. Keep an eye on how the price reacts around that level.
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TestnetFreeloader
· 01-08 07:20
If 3040 breaks, I'll cut my losses. I don't want to be trapped again.
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ChainWanderingPoet
· 01-08 00:05
3040 is really a bottleneck position; once it breaks, it's over.
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LiquidationHunter
· 01-08 00:05
If 3040 breaks, we're doomed, right?
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TheMemefather
· 01-08 00:01
We have to hold the line at 3040, or we're really doomed.
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MEVHunterBearish
· 01-07 23:50
Breaking 3040 means disaster, a yellow scene is approaching
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EthMaximalist
· 01-07 23:49
If 3040 breaks, we're in trouble.
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ApeEscapeArtist
· 01-07 23:42
If 3040 breaks, we're doomed. I'm betting on a pornographic scenario playing out.
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LiquidityWitch
· 01-07 23:36
Breaking 3040 means game over; if it doesn't break, just keep watching the show.
ETH is potentially forming a wave-(4) on the chart right now. The key zone to watch is the $3,040 support level—if it holds, we might see the current scenario play out. But here's the thing: once we get a solid break below $3,040, that yellow scenario could take over completely. Keep an eye on how the price reacts around that level.