Ethereum's 100% extension target for a move up, which was an ideal target for a corrective bounce, was reached at approximately $3,638.
"I put this onto the chart as an ideal target for a move up. We've reached it. Yeah... the 100% extension target is usually usually an ideal target for any corrective bounce. Yeah. So, from that point of view, it's no real surprise that we're here now at around 3,638."