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Ethereum ($ETH ) has been buzzing lately — not just because of price action, but because technical analysts are eyeing a massive breakout, with potential targets up to $19,000 based on the Elliott Wave Theory! Let’s decode what’s really going on and why this could be a major moment for ETH and altcoins alike! 📈 --- 🌊 What’s the Elliott Wave Theory? If you’re new to it — Elliott Wave Theory is a technical analysis method that looks at how prices move in cycles or “waves,” often following a 5-wave structure in bull markets and a 3-wave correction in bear markets. Right now, many analysts believe Ethereum has completed its major corrective wave and is getting ready to start a fresh 5-wave impulse to the upside. That’s big news! --- 📉 The 2024 Bear Market — and the Reversal Point ETH went through a tough correction from March 2024 to March 2025, forming a strong bottom around March 10, 2025. This one-year cooldown: Flushed out weak hands Built strong support zones Set the foundation for the next macro move And now? Ethereum is rebounding off that low and showing early signs of strength. --- 📊 Potential Price Targets (Elliott Wave-Based) Here’s what bulls are eyeing for this next wave: Wave 3 Projections: Target 1: $11,111 Target 2: $15,000 Extended Target: $19,000 These levels are based on Fibonacci extensions and typical wave structures. Of course, each target depends on volume, momentum, and macro sentiment — but the setup is exciting! --- 🌐 Altcoins: Following ETH’s Lead? Ethereum is often the leader of the altcoin pack, and its bullish structure is showing up across other major altcoins too. Many altcoins: Have completed deep corrective waves Are forming higher lows Could follow ETH into a broader altseason So if ETH does break out, it could pull the entire altcoin market into the next bullish phase! --- ✨ Final Thoughts Ethereum’s current structure suggests a potential macro trend reversal — and Elliott Wave analysis supports the idea of ETH heading to $19K over the coming months. But remember, nothing moves in a straight line. Stay sharp, watch key levels, and always trade with a plan! --- Disclaimer: This post is for educational purposes only and not financial advice. Always DYOR before making investment decisions.