The analysis focuses on ETHUSD, noting recent sideways movement attributed to Thanksgiving market conditions. The presenter suggests a potential test of support levels, but anticipates that ETHUSD remains within a price channel. A key Fibonacci support zone between $2,926 and $3,000 is identified. As long as the price holds above $2,926, the analysis leans towards higher prices to complete wave 4. The presenter infers that there should be a decision this weekend between the lower boundary line and the center line of the larger price channel to keep the local trend up. The current price is around $2,999, with a target price of $3,300 which is inferred and a fail bound of around $2,700.