The bears are in charge! They have already dragged Ethereum below the mark at $3412 and â after some recreational sidewards movement â even further down. Soon, they should reach the support at $2306 and lead Ethereum below this mark as well to finish wave v in orange. However, we must keep in mind the 42% chance that the bears could lose control so that Ethereum could escape above $3412 and into the blue zone between $3512 and $4559.
