The analysis focuses on Ethereum (ETHUSD) using Elliott Wave theory to predict future price movements. It identifies that ETH has broken its 2021 high. The current price is around 4753. The analysis suggests the market is potentially in a C wave from the June low, which should be a five-wave move. The speaker discusses a possible broader wave four, and sets 4100 as the key support. A break below this would create problems for the bulls, he claims that 3374 keeps the uptrend intact according to his Elliott wave. He also mentions there are two scenarios which are directly bullish or going into a broader wave 4 first, these could lead into 5800. It also details that the price has bounced from the $4000 at the bottom of the recent range.