Ethereum's Bumpy Road Ahead: Corrective or Impulsive?

The larger corrective structure in Ethereum is still developing, or so it seems. In a recent update, analysts have been following a single question: is the market already beginning a new impulsive move one degree higher?

On the Daily chart, the move from the area around 1,500 can still be examined as a developing impulsive structure, with 1-2 and 3-4, 5 sequences appearing. This structure is part of a larger corrective pattern that has become clearer through price development.

Longby Mehdi_Abbasi_EWP3 has been following this structure, trying to determine whether the market is still correcting or already moving impulsively. While the answer is still unclear, one thing is certain: the structure is complex and requires careful analysis.

As analysts continue to study this structure, one thing is clear: the Ethereum market is full of surprises. Whether the market is correcting or moving impulsively, one thing is certain: the road ahead will be bumpy.