The analysis focuses on ETHUSD using a daily chart. It notes that Ethereum has swept the liquidity around $4,100, which is considered a key level that might act as support. The analyst mentions that this level hasn't been significantly tested as support before and has previously acted as resistance. The structure shows a move upwards from the April low in an ABC structure. There is a possibility of forming a wave four correction, potentially lasting into September. A critical support level is identified at $3,374. If this level holds, there's potential for a fifth wave upward towards $5,800. However, there is no evidence of a low forming, so the analysis will be revisited on smaller time frames. The analysis assumes ETH has topped and is in the fourth wave, but that if we can hold 3374 the price could still move to 5800.