Ethereum’s Mystery: Reversal or More Pain Ahead?

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Ethereum Price Review

Over the past three months, ETHUSDT has been declining in a zigzag formation:
Wave A formed as an impulse
Wave B took the shape of an expanding flat (eFL)
Wave C developed as a diagonal

Whether this diagonal has fully completed remains to be seen in the near future. I anticipate that ETHUSD will aim to test the moving averages and fill the imbalance zone before confirming further direction.

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