good evening,

ethereum has been in this larger scale correction between 2021 and 2025,
a 4 year accumulation, which stretched well into 2026.

5 year consolidation technically.

this, is beautiful to see.

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for whatever reason, the spot version of the ethereum chart does not display this correction, only the cme future does. surprisingly enough, cme futures has the highest volume traded on the ethereum pair, so i guess it makes sense to look at this chart, over the spot pairs.

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double zig-zag (3-3-3) from 2021 -> 2025.
1-2-3-4-5 from april 2025 -> august 2026
a-b-c from august 2026 -> february 2026 (marking a macro low).

a c were 1:1 in size
confirming a deep 1-2.

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if my count is correct here, ethereum is now entering into wave 3,
up to 22k as the final bull market target (if there are no extensions).
> if there is an extension in either the 3rd or 5th, then we can go significantly higher.

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šŸŽÆ = 22k