The video analyzes the ETHUSD pair on a 30-minute chart, noting that Ethereum has reached a previously discussed support area around $4211. The analysis aims to identify the next resistance levels, expecting a bounce. Two scenarios are tracked. The blue zone, between 4059.75 and 4211.44, is technically the target zone for wave Y based on the length of waves W and Y. The analyst notes the chart hasn't significantly changed in recent weeks, still moving within a wave 4 correction. The microstructures are unclear but a larger bounce from the current zone is plausible. A potential larger bounce requires a micro five-wave move up and a break above the last swing high at $4500. If the price goes lower, one or two more lows might complete wave Y, with a support area around $4050 to $4100, tested several times as a breakout point. If the market stays above $4059, the analyst suggests the blue scenario of an ABC structure in Wave D remains viable, indicating a sideways consolidation.