This is something to be mindful of for $ETH over the next two weeks.

We need to get back above $3,850 and close on the 1D.

If we don't, I can see this ABC correction playing out here with a target of $3,100.

The 3D RSI entered overbought at the peak, and this could take a little longer to gather the steam to break $4k.

It is highly possible we just continue higher... price can easily move higher with RSI not making a higher high... it just means we would consolidate for a while above $4k.

But this is totally valid scenario that would not invalidate the HTF picture at all.

If this did play out, it would be back to the highs by the end of the month, with a decent monthly close.

It's always smart to have these scenarios in mind so you aren't caught off guard.