The analysis focuses on Ethereum (ETHUSD). The price bottomed on Monday, following a 1-2 setup. The current price is around 4578. The analyst observes the price escalated quickly, noting that wave 4 has not yet been identified but it could be starting to show a corrective pullback to the support zone between 4406 and 4524 which acts as a Fibonacci support zone. The analysis suggests that if the corrective pullback is tracked, wave 4 should be an ABC pattern. The analyst states a target of 4679 based on 261.80% in the upside.