Technical analysis by polarity about Symbol ETH on 1/10/2025

Currently we are in Wave C correction, the last wave of correction in this 12345abc structure. We got support at a YELLOW support trend line that started since Nov. Currently Wave C is in between 0.5 to 0.618 FIB Extension of Wave A. Ideally I'd like to see Wave C correct to at least to 0.618 Extension of Wave A.So if the yellow support line fail, we will see if it hold the 0.618 extension of Wave A LevelOr what's after that would be 0.786 extension of Wave A, or a 0.618 retracement of the previous 12345 Impulse wave patter. Fundamental can play into the Fib level I mentioned, we can have a slow chop down to those level until US president take office and announce his plan to improve the country's economic outlook. To simplify what I mentioned above, here is our support target for entry (trade at your own risk)$3110.96 (0.618 extension of Wave A).$3029.16 (0.618 retracement of the 12345 Impulse Wave Structure).$2942.10 (0.786 extension of Wave A).$2735.29 (0.786 retracement of the 12345 Impulse Wave Structure).$2727 (1.0 extension of Wave A)Happy trading, don't catch the falling knife.