Ethereum confirmed a breakout above $3,200, solidifying the bullish structure. Overbought RSI indicates the potential for a wave (iv) correction. Critical levels include $4,000 (0.618 Fibonacci) and ...

That level represents the 1.618% Fibonacci extension, originating from the December 2018 lows, the December 2022 lows, and the 2021 high. The 1.618% extension is highly important because it's derived ...