EW theory says that wave 4 CAN NOT overlap wave 1.
But the correction, (in ETHXBT , NOT ETHUSD) overlapped the top of wave 1. Ipso facto, the ETHXBT chart is saying that in that particular market, the correction was a wave 2, and that therefore, a wave 3 has just begun.
As of this writing, a wave 1 in the 10 minute chart has almost completed, up 13% in the last day
According to this 5 hr chart, 144 candle setup, the next 2 months will be outstanding...
The web is full of courses on EW theory. If you are an aspiring trader, I would strongly recommend that you add EW to to your list of things to learn and hopefully master.