Opinion: Ethereum still has the potential to rise above 5500 US dollars in the future.

KOL Crypto Big Hunter posted on social media that from an optimistic perspective, it is possible that the fourth wave of Ethereum is a platform-type adjustment. The fourth wave started in March 2024 and is now coming to an end. When Bitcoin's fifth wave has already gone more than halfway, it is possible that Ethereum's fifth wave has not yet started. Although from this perspective, the duration of Ethereum's fourth wave may exceed 1 year, considering that the second major wave of Ethereum (April 16, 2023 - October 12, 2023) also lasted half a year, it is not impossible for the fourth major wave to last so long (the duration of the fourth major wave usually exceeds the second). If this angle gets verified then there are chances for subsequent rises in Ethereum above $5500. Altcoins will also see larger increases than in the last two months of last year.
If Ethereum's fourth big move was a platform-type adjustment then because A-B-C adjustments typically have a structure of 3-3-5 and currently C-wave hasn't completed its five-wave structure yet; therefore next up we might see some fluctuations between $2100-$3000 for some time until C-wave completes its five-wave structure which would be reflected as multiple bottoms by ethereum in terms price-volume relationship.