The analysis is on HBARUSDT on the 4-hour timeframe. The presenter explains that a question was received on Discord regarding HBAR and is answering it within the video. The presenter reviews a structure that is based on a larger degree 4th wave, bottoming on the 7th of April, this is still valid and relevant. There was a 5-wave move up, and a 3-wave pullback, and then a rally that is technically impulsive but is only a 3-wave move. The analysis infers a target price of 0.393, and the fail bound is inferred to be 0.128, suggesting a bullish trend until the price reaches the fail price.