Ethereum is unfolding a textbook 7-legged Expanding Diametric on the 3H chart — one of the cleanest emotional and structural patterns in corrective formations per Glenn Neely’s NeoWave theory.
Here’s the breakdown so far:
🔷 Wave A: Initiated with strong emotion — longest leg so far
🔷 Wave B: Quick contraction
🔷 Wave C: Moderate bounce — smaller than A, larger than B
🔷 Wave D: Contracting correction, smaller than B
🔷 Wave E: Sharp upward push, but still less than A
🔷 Wave F: Deep and emotional drop — aligns with the rhythm
Now we are preparing for the final Wave G, which must:
🔹 Expand beyond Wave E (and possibly near A)
🔹 Remain corrective, not impulsive
🔹 Appear emotional — many mistake G for the start of a new trend
🔹 Likely hit the 2737–2742 USDT zone
🔹 Possibly begin after one last minor drop (trap) to maintain deception and rhythm
⚠️ If Wave G forms as expected, this pattern completes a full Expanding Diametric, meaning the next significant structure afterward may be either a complex correction or a trend resumption.
📌 Keep an eye on short-term rejections, but the larger wave psychology points toward one final emotional spike before pattern conclusion.
ETHUSDT 
BTCUSDT ETHUSD BTCUSD BTCUSDT.P
Here’s the breakdown so far:
🔷 Wave A: Initiated with strong emotion — longest leg so far
🔷 Wave B: Quick contraction
🔷 Wave C: Moderate bounce — smaller than A, larger than B
🔷 Wave D: Contracting correction, smaller than B
🔷 Wave E: Sharp upward push, but still less than A
🔷 Wave F: Deep and emotional drop — aligns with the rhythm
Now we are preparing for the final Wave G, which must:
🔹 Expand beyond Wave E (and possibly near A)
🔹 Remain corrective, not impulsive
🔹 Appear emotional — many mistake G for the start of a new trend
🔹 Likely hit the 2737–2742 USDT zone
🔹 Possibly begin after one last minor drop (trap) to maintain deception and rhythm
⚠️ If Wave G forms as expected, this pattern completes a full Expanding Diametric, meaning the next significant structure afterward may be either a complex correction or a trend resumption.
📌 Keep an eye on short-term rejections, but the larger wave psychology points toward one final emotional spike before pattern conclusion.
ETHUSDT BTCUSDT ETHUSD BTCUSD BTCUSDT.P 
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.