Ethereum’s Elliott Wave: Long $3,640 Entry or Short $4,300 Resistance?

Ethereum is displaying an intriguing Elliott wave pattern, primed for a potential surge. Recent price action shows an impulse wave from the $3,500 lows, setting up a long entry around $3,640 to target the $4,500 mark. This bullish scenario aligns with ETF inflows and TVL growth driven by Dencun’s fee cuts and the anticipation of restaking protocols.