Anyone who has strived for anything in life has faced resistance (or is bound to face it). That's probably one of the universal laws of life.
Just like Nifty we face it too in our lives. But if you observe in the longer run persistency matters the most out of all. All the ups & downs of life will look similar to 2008 & 2020 (March) if you keep going.
In timeframe day the rally up of ethereum might be a false motive to lure investor to buy
As you can see in wave (c) of (B) form elongated zigzag which means when the cycle is finish
it has to pull back at least 61.8% of wave (c) (around 547 of half of the current price)
Warning this is just one case of the Elliott wave analysis possibility - Make a research on...