ETH update:
The yellow 1st wave impulsive move appears to be complete. I’m expecting an ABC correction for the 2nd wave, followed by a strong impulsive 3rd wave to the upside.
My main scenario:
Wave 1 completed → Wave 2 ABC correction → Wave 3 impulsive rally.
Key area for Wave 2 completion: $2,510–$2,535.
If Wave 2 completes in this zone, I’ll be looking for the next impulsive move toward $3,200+, with $3,160–$3,220 acting as an important resistance/target zone.