The video analyzes the Ethereum/USDT pair on Binance. It notes a bearish move in the Asian session, pushing the price below the point of control and the 4250 and 4300 levels. The analysis points out the importance of reclaiming the 4300 level for stability. The video suggests two possible scenarios. One is a short-term bearish deviation with a possible target of 3900. The second scenario outlines that if there is a reclamation of the 4300 level then we can regain a trading range between 4250 and 4450.