The analysis focuses on ETHUSD, noting it is moving sideways between $4050 and $4950. Ethereum dominance is pulling back from an all-time high and heading toward support in the 11.35% to 13.1% range. The total3 ETHUSD chart, reflecting altcoins compared to Ethereum, indicates that altcoins are testing micro support. A small bounce from the 61.8% retracement level is observed. Ethereum has a Fibonacci support area between $3374 and $4060. A trendline support is around $3500, which is the 50% retracement level. The failure to hold above $3374 is a first indication of a failure. The shorter time frame shows an ABC structure with a potential breakdown if it goes lower than $4100-$4050. $4500 could indicate a triangle pattern.