
π¨ Gold Update: Bulls Eye $3,500 Again? π
08 Aug 2025

Ethereum (ETH) remains bullish and continues to follow a textbook Elliott Wave structure. After peaking near $3,859, itβs currently trading around $3,675 β and setting up for a massive breakout toward the $6,000 zone.
π Key Levels Watched:
β Wave 5 in play if price holds above $3,737
β οΈ Bull warning zones: $3,737, $3,648, $3,546, and $3,356
π Confirmation above $3,878 signals bullish continuation
Analyst Dr. Arnout ter Schure says the current wave count remains valid β and the next big impulse move is building.