Ethereum's Larger Corrective Structure Remains Unfolding
Longby Mehdi_Abbasi_EWP4 has been analyzing the Ethereum market and its structure. A key question has been whether the larger corrective structure is still developing or if the market has already begun a new impulsive move one degree higher. On the Daily chart, part of the structure discussed in previous analyses has become clearer through price development. 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. Mehdi_Abbasi_EWP4's analysis suggests that this structure is still unfolding, rather than a new impulsive move beginning.