$ETH Ethereum possibly completed a small 5-wave advance at Monday's high, but the structure is messy and likely needs a diagonal interpretation. Blue 1-2 setup stays valid above $1,691-$1,722. Decline from Monday looks like 5 waves, suggesting wave 2 is still unfolding and the pullback was just wave A. Below $1,691 the blue scenario weakens. Below $1,668 it's gone. Unclear structure means trade carefully. $ARX #ETH #Macro Insights#