Technical analysis by Kap_Waves about Symbol ETH on 9/6/2025

ETHUSD Wave Count: - The larger impulse (labeled (1) → (5)) appears complete, with the top marked at wave (5). - Current structure is unfolding as a corrective pattern following the top. - Subwaves labeled (a) or (1), B, and C suggest that the market is now in a decisive corrective phase. There are two potential corrective scenarios being tracked: 1. Expanded Flat / Running Flat correction. 2. Impulse move down unfolding as wave (3). Targets: Upside (retracement / correction before continuation): - 4,400 – 4,600 USD (Expanded Flat target zone). - 4,961.2 USD is marked as the Recent Count Invalidation level – any move above here would invalidate the current bearish count. Downside (continuation of correction / start of larger wave (3)): - 3,573.0 USD – first bearish target (wave (c) or (3)). - 3,362.7 USD – extended bearish target if downside momentum accelerates.