ETHUSDT: Wave C Approaching Monthly Support at 1,792ETHUSDT Perpetual ContractBYBIT:ETHUSDT.PTheChartWhisperrThis is the same 4H Elliott count from earlier this week, worth revisiting now that the correction has moved further along. Wave 5 topped near 2,000, Wave A dropped to 1,840, Wave B bounced to 1,880, and price has since rolled back over toward the projected Wave C target at Monthly Support, 1,792.71. Current price at 1,858.15 sits between B and that target, meaning the correction still has room left before it reaches the level this projection has been built around. Nothing about the underlying count has changed since the earlier version. Wave 3 remains the extended leg, Wave 4 corrected without overlapping Wave 1, and the ABC retracement continues to respect standard proportions relative to the impulse. What's different is proximity, this is closer to the test than it was days ago. Under Continuation Acceleration Protocol, the discipline here is the same as tracking any live setup: the projection doesn't get more or less valid just because price has moved closer to it. Gate three still requires Monthly Support to actually hold on contact, not just get approached. A close through it without a reaction would call the whole Wave C completion into question. Volume remains unremarkable through this entire corrective sequence, no expansion spike marking either A, B, or the current leg toward C. That's consistent with a normal corrective wave rather than a panic-driven move, worth noting since Wave C completions on thin volume can be harder to confirm than ones with real participation behind them. What invalidates the bullish continuation: a close below Monthly Support with conviction. What confirms it: Wave C completing at or near 1,792.71 followed by a clear reversal, opening the path the projection shows toward 2,240. Marcus Aurelius wrote that time is a river of passing events, and strong is its current. The correction has moved closer to its target. Whether the level holds is still the next thing the current has to decide.