The analysis focuses on Ethereum (ETHUSD), starting at a current price around 3025. It identifies a break above previous swing highs and the 23.6% Fibonacci retracement level. The expectation is that ETH will continue to rise, potentially reaching the 3165 level. A Fibonacci support zone is noted between 2921 and 2984. The analysis suggests ETH is in a local uptrend within a larger downtrend. Resistance was touched on Monday and Wednesday, but a breakout has occurred. The nearest Fibonacci support area is identified. A retest of this area could happen before further upward movement. The analyst is looking for higher prices from the Friday low, targeting the 3165 level. A micro support area is identified.