The analysis focuses on ETHUSD within an hourly timeframe, noting the price is moving sideways within a range of approximately $4060 to $4850. Corrective price action is in play, with the current support area starting at $4060, tested for the second time. It is theorized the price could reach $3665, based on Fibonacci support levels. The analysis will be invalidated if the price breaks $4281. The nearest resistance area is identified between $4228 and $4281. A support level sits at $4060, but additional Fibonacci support is found as low as $3374. The likelihood is downside pressure based on the current structure with corrective behavior in the market.