cryptomorozova

$ETH — Key Liquidity Update
On the left side of the chart, we clearly see a strong green POC — the highest Point of Control from previous price action.
This POKE is located at $2,354, which represents the strongest previous high, a major consolidation zone, and a clear liquidity cluster.
This level marks the area where price spent the most time and volume, meaning it remains highly attractive for a return.
I’ve highlighted this zone with a horizontal blue line — it is the most realistic and powerful next take-profit target for Ethereum.
As we know, price always tends to return to highly liquid levels.
🎯 Take-Profit Levels:
Local TP (local Wave 3): $2,119
Global TP (within today): $2,354
This $2,354 level is not random — it’s a magnet for price, driven by historical volume and liquidity.

$ETH Technical Analysis

Globally, nothing has changed for Ethereum — the market structure remains exactly the same as before.

On the 4-hour timeframe, we have clearly seen a strong and very deep impulsive move to the downside. Despite its strength, this move still represents the same five-wave decline that was outlined from the very beginning. In other words, this move marked the completion of the global second Elliott Wave.

Although the correction was sharp and aggressive, structurally it fits perfectly within the Elliott Wave model. After the completion of such a deep corrective wave, the market typically requires a significant relief move.

At this stage, following the completion of the correction, a rebound of at least 50% from the current market price is expected. This move would be a natural market reaction after an overextended decline and aligns with classic Elliott Wave behavior.

The overall global bias remains intact, and the current price action should be viewed as a corrective phase rather than a trend reversal.
Ethereum – Global Take Profit Targets
Based on the global Elliott Wave structure, the following four potential take-profit levels are outlined for Ethereum. These targets are derived from the projected third and fifth upcoming Elliott Waves, as well as key Fibonacci retracement and extension levels.

TP1: 3,429

TP2: 4,924

TP3: 7,153

TP4: 10,81
These targets represent key levels where partial or full profit-taking may be considered, depending on overall market conditions and momentum strength.

Higher targets remain valid as long as the global bullish structure holds and price continues to respect bullish continuation after the completion of the deep corrective wave.

Ethereum — Alternative Scenario Still in Play
There is still a possibility that ETH is trading within a channel, and that we are currently forming the fifth wave inside it. In this case, my previous scenario remains valid.
Even if the market is consolidating now, I still believe that once the channel is fully worked out, ETH may experience a significant downside move. This structure still looks like a bear flag, which usually resolves to the downside — but it needs to be completed first.
At the same time, there is a reasonable chance for a local bounce. On the 4H timeframe, the previous strong impulse shows five waves down, which I interpret as a global Wave 4. To properly “fill the channel” and complete the structure, the market likely needs one more push up — a fifth wave.
This potential move could bring ETH back to the previous high around $3,400, which represents roughly a +24% upside from current levels.
However, even if this local growth scenario plays out, my global view remains bearish. After reaching the top of the channel and completing the fifth wave, a deep correction to the downside is still very possible, in line with the bear flag structure I mentioned earlier.
📌 Conclusion:
Locally (4H): potential +24% move up toward $3,400 to complete Wave 5
Globally: high probability of a deep pullback after the channel is fully formed
For now, I’m focusing on the local setup, trading the move inside the channel — while keeping the bigger bearish picture in mind.
Stop loss 2.634

$ETH (Daily Timeframe) Analysis
On the daily timeframe, #ETH is currently forming a bearish flag structure.
At the moment, we can clearly see price consolidation inside the channel, which typically represents a corrective phase after a strong impulsive move down.
According to Elliott Wave structure, the consolidation inside the flag is still unfolding. I expect one more upward move to complete the fifth wave within the channel. Once this internal structure is finished, the probability of a continuation to the downside increases.
If the bearish flag plays out technically, the projected move would be a decline equal to the flagpole length, which points to a potential ~46% downside from the breakdown level.
This scenario would align with a target zone around $1,800 for ETH.
This analysis is based on the global daily timeframe and reflects a technical market structure perspective, not financial advice.

On the global timeframe, XRP has completed its second corrective Elliott Wave, which formed a classic ABC correction structure.
This correction reached the 50% Fibonacci retracement level, confirming a deep but technically healthy pullback within the broader bullish cycle.
After the completion of Wave 2, we flipped the Fibonacci grid to project potential targets for the next impulsive move.
At the moment, price action suggests the beginning of Global Elliott Wave 3, which is typically the strongest and most dynamic wave in the Elliott Wave theory.
According to Fibonacci extension levels, Wave 3 is projected to reach the blue level marked on the chart, which corresponds to the 1.68 Fibonacci extension. This level represents a logical upside target based on the current market structure.
Long entry is highlighted on the chart using an automatic trading tool
Stop-loss is clearly marked in red to manage downside risk
Take-profit is marked in green, aligned with the projected Fibonacci target
This setup is based purely on technical structure, Elliott Wave theory, and Fibonacci levels, focusing on market mechanics and risk management rather than any guaranteed outcomes.

XRP Technical Analysis (4H Timeframe)
On the global 4-hour timeframe, it looks like the corrective move has finally completed, reaching a very deep correction of a major Wave 2.
We can clearly see a sharp impulsive move to the upside, followed by a significant pullback relative to that growth. Inside this decline, a clear five-wave bearish structure has formed. These five descending waves represent the correction of the large second wave.
At this stage, we can expect a solid rebound to the upside. The most logical take-profit target is the nearest strong first resistance level — the top of the previous impulsive growth of the coin. This level acts as a natural and technically justified take-profit zone.
Right now, opening a long position can already be considered, as the first green candles have appeared on the 4-hour timeframe, signaling a potential trend reversal.
On the chart:
Stop-loss is marked in red
Take-profit is marked in green at the top
As always, proper risk management is essential.
Additional Market Context
Also, don’t forget that the cryptocurrency market tends to move into corrective phases from Friday to Sunday in most cases. This weekend correction is a common market behavior.
Starting from Monday, when the U.S. trading session and the London market open, we often see increased volatility and, if the global trend is shifting to the upside, the growth of coins usually begins at the start of the week.
This serves as a second confirmation for us that opening a long position can be considered already at the current levels.
From a global perspective, if the trend is indeed shifting and the structure of the first and second Elliott waves is confirmed — as marked with the blue indicator — we can assume that the market is currently at the beginning of the most powerful Elliott Wave.
In a classic Elliott Wave structure, this would be the third wave, which is typically the strongest and most impulsive one.
Using the Fibonacci extension, which has already been flipped to measure a rising bullish trend, the third wave often reaches the 1.68 Fibonacci level. This level corresponds to an XRP price target of approximately $2.82.
This level can be considered the next potential take-profit target if the bullish scenario continues to develop.