🚨Ethereum is showing a pattern that’s not just interesting — it’s almost a perfect repeat of a previous cycle‼️
When you line up the last corrective phase with the current one, the similarities are striking. Both lasted roughly 124 days, and both formed a nearly identical 1-to-9 wave structure inside a downward channel before ETH exploded upward.
Right now, ETH appears to be completing the same 9-wave setup, once again nearing the final wave.
If the market “rhymes” the way it often does in crypto, ETH could be setting up for another strong impulsive move — just like the breakout that followed the last 124-day correction.
Traders will be watching the lower channel boundary for potential long setups, expecting a bullish reversal similar to the previous breakout.
Remember, cycles don’t repeat perfectly…
But they do rhyme more often than most people expect.
At the moment, the trend is still bearish. However, if ETH smashes through the upper trendline with force, that would invalidate the bearish structure and confirm that buyers have taken full control.
