I am writing this on (Friday, October 17th, 2025). What is happening on the #ETH chart is normal. The reversal that happned after (Trump’s announcement) was a (3 wave move up) — Not enough to conclude that a solid low has formed. Now we are witnessing a 5 wave move down coming close to the low that formed after the Trump’s last announcment and market slide.

Now what? … Normally we should look closely to Febonnaci support area (3,633 USD) if #ETH holds above that price thier is a HIGH PROBABILITY of a 3 wave move up 🟢 most likely to wrap up during Q4 (that is a good indicator that the bulls are taking the lead)

If not (in other words if the price dipps below 3,633 USD) we are looking at a larger correction which might cause several issues and bring the price lower 🔴 or worse, going into a choppy consolidation phase that might take a couple of months to recover and even then their’s no guarantee that the price will grind higher (unless other external factors step in ex. Black Rock, Lee Bit, and other promising whales pitch in).

Bottom line: Do your self a favor, do not trade in Futures use spot and learn the basics of (stock investment)! If you are watching the news very closely and investors and moving in on #ETH now would be a good time for entry as part of a dicerse portfolio.