Ethereum Corrective Channel Break Signals Elliott Wave 3 Rally Toward $2,624 Target

Ethereum has broken out of a corrective price channel, a move that Elliott Waves Academy interprets as the start of a strong impulsive Wave 3 with targets around $2,624.14 and potentially the 261.8% extension. Analysts also highlight liquidity sweeps and key levels near $2,110 and ~$1,970 as zones for tactical short hedges or possible long entries once clearer confirmation emerges.