The analyst discusses Ethereum, noting its proximity to the $4100 breakout point, which acts as a resistance level. He anticipates a potential upward move leading to a break above this key level. The white scenario remains the preferred interpretation, suggesting a fifth wave to the upside, targeting $5230 to $5815. He suggests the price should first achieve 4100 and then 4400 as milestones. The analyst is following an ABC structure, any break above 3853 would be a good indication. As an alternative the analyst mentions a possible Elliott Wave triangle forming and invalidate if reaching the 3512 level. A five wave rally from here would also be a good indication.