[ETH] 2025.04.18

116
Symbol: Ethereum (ETH)
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📊 We regularly publish structured market reports and Elliott Wave-based analyses on the crypto market.

Hello and welcome—this is SEOVEREIGN.
We believe Ethereum is currently trading within a favorable accumulation zone.

📍 Key Technical Highlights
Primary Targets (TP1 & TP2) are based on Fibonacci retracement levels, specifically the 0.382 and 0.618 zones, which are clearly marked with orange lines on the chart.

From the Deep Crab harmonic pattern perspective:

A first attempt at trend reversal occurred at the 1.902 pivot, but failed to sustain.

The market is now attempting a second reversal from Point 2, a structurally more promising zone.

RSI bullish divergence has been confirmed, providing an additional signal of potential reversal momentum.

From an Elliott Wave standpoint:

The current price structure covers both the end of the C wave and a retest of the B wave high, forming a zone of dual technical relevance.

Statistically, C waves often measure 0.618x, 1x, or 1.618x the length of the preceding A wave.

In this case, the C wave equals 1.618 times the A wave—
a classic, high-probability reversal structure that supports confident entry into long positions.

We will continue to monitor developments and provide timely updates as the market evolves.

Wishing you all successful trades—
Thank you for reading.

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