The analyst discusses Ethereum (ETHUSDT) on a 4-hour timeframe, noting that not much has changed in price action. A move down occurred this morning. A bearish breakdown occurred below 4300 and 4250. He expects a possible recovery to 4440 and a best-case scenario involving stability, but he is preparing for a possible move down to the 90-day rolling VWAP around 3900. Wednesday has been the strongest day for ETH in the last month and 3 months. There is a bullish divergence visible with the price. There is absorption seen. Wednesday along with bullish divergence provides a change to reclaim 4250.