# Ethereum's Next Move: Impulse or Correction?

> Ethereum's price action could signal a new bullish wave or deeper correction.
- Title: Ethereum's Next Move: Impulse or Correction? · TradingView
- Summary: Ethereum's price action could signal a new bullish wave or deeper correction. Ethereum's price may confirm a new bullish impulse or trigger a larger…
- Keywords: eth, ethereum, ethusd, correction, bullish, tradingview, kraken, business, finance, Ethereum's, Next, Move
- Source: TradingView — https://tradingview.com/chart/ETHUSD/LGSAXQZK-ETH-USD-4H-The-Next-Impulse-or-Another-Correction
- Published: 2026-10-18T19:59:40+00:00
- Read time: 1 min
- Topics: eth, ethereum, ethusd, correction, bullish, tradingview, kraken, business, finance
## Ethereum's Current Trend
Ethereum has developed a strong upward move after a previous corrective structure.
## Key Price Targets
Target 1: $2,807, Target 2: $3,524, Target 3: $4,680 for potential bullish moves.
## Bullish Scenario
Price must break above $2,807 to confirm a new impulsive structure and higher targets.
## Alternative Scenario
A break below $2,463 could signal weakening bullish momentum or a larger correction.
## Bitcoin's Influence
Bitcoin's strength does not guarantee Ethereum's bullish scenario due to fluctuating correlations.
## Critical Levels
$1,505 marks an important invalidation level for bullish scenarios and bearish confirmation.
## Final Assessment
Price must reveal the path, whether a new bullish impulse or deeper correction unfolds next.
## Key takeaway

Ethereum's price may confirm a new bullish impulse or trigger a larger correction before reaching $2,807.