ETH: elliot wave 1 week chart

Hi Traders,

We are looking at the week graph of ETH/USDT.

We could see mr Elliot wave in the making.

Also
-EIP 1559 (burning fee's) could be seen as a "share buy back" making a ETH rarer.
-Ethereum is the blockchain platform (for now)
-When ETH start rallying, "every body" will start staking (why not)
- If not staking, then holding in cold storage
- In the meanwhile, ETH is still being burned

Target $6500

This is not financial advice

Have a good one