Technical analysis by jirapattinn about Symbol ETH: Buy recommendation (9/30/2025)

In my point of view , The wave (IV) is end and we are going to finish the wave (5).The new wave ①, which has surpassed the top of wave (4) with a strong impulse, indicates that the beginning of wave (V) has likely started. Wave (IV) appears to have formed a b-failure flat, where wave C slightly exceeded 132.8%. Based on the Butterfly harmonic pattern from the higher time frame ETH analysis, the target price is projected to be in the range of $5,900–$6,400. An alternative count is that the recent abc structure may represent waves 1, 2, and 3, with the current correction being only a minor retracement. This scenario requires further observation. However, the overall Elliott Wave structure still suggests that one more upward wave is needed to complete wave (5).