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B-waves are one of the hardest parts of Elliott Wave because they often look like the trend has fully resumed. Price recovers, bullish news returns and traders slowly regain confidence, even though the market may still be inside a larger correction. Most B-waves retrace between 50% and 78.6% of Wave A, with the 61.8% level being especially common, but their exact structure is usually only clear in hindsight. BTC may currently be inside this kind of environment where the rally feels convincing while the larger corrective structure is potentially still unfolding. That is why patience, risk management and confirmation matter so much during B-wave conditions. #BitcoinBreaksBelow75KAsWarshTakesFedHelm $ETH $BTC $XRP
$ETH to $1000? Looks like it. Bulls are getting excited again, but the structure still looks corrective to me.
#Ethereum continues to lag behind #BTC and remains below major resistance, which makes it difficult to fully trust the current bounce yet.
Another move toward the $2,600-$2,655 region would still be possible from here, but unless #ETH starts reclaiming key resistance levels more decisively, the broader risk still favors another larger downside phase later on.
A break below the February low would significantly increase the probability that Ethereum is already heading toward the $1,400-$1,000 region.