This is a technical analysis of ETHUSD on a 15-minute timeframe. The analyst discusses potential wave formations, suggesting a low might have formed around $3470 on Friday, October 10. The analysis suggests a potential fifth wave upwards, targeting $5204, with a more optimistic view targeting $5800. It is noted that for altcoins to make significant moves, Ethereum dominance needs to improve. A critical support zone is identified between $3633 and $3960. The pullback needs to remain corrective, not impulsive, and hold above $3633 to maintain the upside momentum. The analyst emphasizes the need for five waves up to confirm a trend reversal, noting that three waves are insufficient. Above $4400 level needs to be broken. Otherwise it can be a deep wave four. The $3374 level is said to be crucial.