Ethereum (1H) Update: Forecast Respected - More Upside Coming?

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Ethereum (1H) Update: Forecast Respected - More Upside Coming?Ethereum / U.S. dollarBITSTAMP:ETHUSDKap_WavesIn our previous article, we mapped out two clear scenarios for ETHUSD: a triangle continuation breakdown or an upside expansion upon invalidation. The market has now spoken and it respected our primary scenario with precision. Scenario 1 Played Out Perfectly In the this chart, we highlighted the potential downside completion into the 1.75k–1.80k region as part of the corrective structure. Price delivered exactly that: - Completion of the corrective wave structure (C / Y leg) - Strong reaction from the -0.618 / -0.272 extension cluster - Immediate impulsive bounce off the lows The market respected the roadmap step by step. What’s Next? - Now, price is approaching a key decision level at 2.1k. - A strong 1H body close above 2.1k opens the path toward 2.1k–2.3k. - Until then, this remains a breakout trigger level. - The correction appears complete, expansion awaits confirmation.