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ETHEREUM ENTERS WAVE 5 OF UPTREND, TARGET AT $5,413
“1011 insider whale” Garrett Jin posted that Ethereum’s C-wave decline began on October 10 last year. The broader downtrend was capped around November 20, and the failure of the fifth downward wave on December 18 signaled exhaustion of bearish momentum.
He believes ETH has re-entered the upward channel that started in April last year and is now advancing in Wave 5.
→ Conservative target: $5,413
→ Aggressive target: $7,155
This analysis suggests Ethereum’s medium-term trend may have turned bullish again, drawing renewed market attention.
#CryptoMarket #CryptoTrading