The analysis focuses on ETHUSDT. Currently, the price has dropped to 0.707 Fibonacci level. Price has already reached its first take profit (TP). The analyst adjusts and highlights a range, noting the initial TP has been achieved. The second TP is projected between $4600 and $4661. A bullish impulse is identified on the Onchain side. The analysis questions if the target will be met in September or October, while acknowledging potential interest rate cuts could inject fresh capital. Portfolio adjustments and restructurings are mentioned as preparation for new entry points.