The analysis focuses on Ethereum (ETHUSD) on a 1-hour chart. The price has pushed higher overnight, reaching a target area discussed in the last update. No pullback is evident. Ethereum is expected to move higher, potentially reaching 6000. Wave count suggests another wave four and five sequence, potentially leading to 6000, but this depends on the depth of wave four. The analyst prefers to stay close to microstructures. The target is 4100, and the price should hit the 100% extension at 3938. Internal wave three (circle wave 3) should reach at least 4101, the 138% fib extension. Downside momentum would indicate a B wave pullback, retesting the trend line. Potential support lies between 3629 and 3800. The analyst tracks the B wave pullback, then a C wave. There is potential to get to 4400. The analyst states the pullback risk has increased, also mentioning some swing high prices.