ETHUSD-Watching for Possible Trend Reversal: Bullish or Bearish?Ethereum / U.S. dollarBITSTAMP:ETHUSDfadhil228After completing what appears to be an A–B–C corrective structure, ETHUSD is currently trading near a crucial inflection zone inside a long-term ascending channel. Key Observations: Wave (A) → Sharp decline from upper channel resistance. Wave (B) → Retracement within a smaller parallel channel (orange). Wave (C) → Possible making in progress ! 🟢 Possible Bullish Scenario If ETHUSD holds above the lower trendline support, a rebound could trigger a new impulsive leg toward the upper channel resistance. Confirmation: Break above the local swing high at point (B). Target Zones: 4,500 → 6,000 → 8,000 (channel top). Invalidation: Close below the channel midline or a strong breakdown below (C). 🔴 Possible Bearish Scenario Failure to hold above the current channel support could signal further downside continuation of the broader correction. Confirmation: Breakdown below wave (C) low. Target Zones: 2,000 → 1,300 (next support zones). Invalidation: Sustained move above (B). 🧭 Conclusion ETHUSD is at a decisive technical crossroad — either it confirms a major trend reversal or continues the extended corrective phase. Traders should wait for confirmation before committing to a directional bias.