The analyst discusses Ethereum's market behavior, noting a slight bearish trend after some optimistic price action. He points out that Ethereum has been consolidating between $3800 and $4200. A 4100 and 4300 resistance is observed and mentioned a retest of the value area low. The analysis suggests a possible push down to $3780, with a bounce back up towards $4000, possibly $4100 or $4200. However, absent fundamental news, he anticipates another rejection at those levels.