The analyst examines ETHUSD and BTCUSDT. ETH is at $4593 on August 26, with a daily support at $4300. He notes the shorts were outweighing ETH on the daily, 7-day and 30-day, but the longs have recently piled on significantly in the last 24 hours. A Fibonacci retracement is drawn, bouncing off the golden ratio zone, with a 382.5 area of resistance. He points out that closing the current 4-hour below 4480 suggests a move lower than $4300. The analyst changes their mind stating below 4150 things would actually be bad but this is unlikely. Based on current charts, a move down to $4240-4150 is very possible still but on weekly stochastics it still looking good. Bitcoin is holding up a little bit better than he thought it would. ETH daily is phenomenal and its weekly macd is now crossing. He expects 5500-6500 targets but the ultimate target is $8000, with potential turbulence along the way, by end of September or October.