The video analyzes ETHUSD on a daily timeframe, noting the correction is unfolding. The structure suggests a potentially bullish outlook, but the market is grinding sideways between support at 4060 and resistance at 4850. The 200-day moving average is acting as support. The ETH dominance chart is correcting, and a breakout above 14.15% might signal the next move up. Intraday, 4210 serves as structural support and 4675 as first resistance. A deeper pullback is possible.