@morecryptoonline

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ETHUSDT
Short Entry 4,085.2000 2025-09-25 01:43 UTC
Target 3,784.0000 Fail 4,450.0000
Risk/Reward 1 : 1
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ETHUSDT
Cryptocurrency
Technical
1H
Analysis Predict Bear Market
The analysis is on ETHUSD. Ethereum has been slow in the last couple of days, mainly consolidating. Dominance is approaching the target zone. As long as Ethereum dominance is correcting, Ethereum USD should also be correcting. The support area for Wave 4 is between 11.3% and 13.12%. The area based on the length of the A wave indicates an ideal zone between 12.7% and 11.88%. With the market stuck below resistance, it aligns with Ethereum dominance moving down, a support level around 4060 and a 23.6 retracement level which are considered to be strong levels. A break above 4281 would indicate a local low, but the analysis indicates a consolidation below resistance, potentially extending the correction sideways. A continued consolidation in a clean way is shown below the 4400, indicating a local low. Overall, the analysis suggests a little more downside to complete the correction, as the chart doesn't seem fully complete from an Elliot Wave perspective.
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