The analysis discusses Ethereum's recent push to nearly $5,000 and the potential for a fifth wave to the upside, targeting $5,800. The yellow resistance line needs to be broken to continue upwards. While holding below $4,850, we remain below the 2021 high. It indicates that a wave four might still be unfolding, with microstructures visible on shorter time frames. The overall roadmap remains intact with an ABC structure to the upside. Potential upside levels are at $5,233, $5,815, and $6,922. A decisive break below a green line might indicate a C wave down potentially reaching $4,100. It is possible that the B wave has topped, due to the three waves on the last move up. Fibonacci support levels are currently reached. Further confirmation of downside will be below $4,537.