The analysis discusses the Ethereum chart on a daily timeframe. The speaker notes the potential for further upside continuation, considering the possibility of being in a fourth wave. The daily timeframe still allows for upside. Ethereum's performance is considered weak, with a 0.19% increase, while altcoins show more strength, because Ethereum dominance is topping. Comparing total 3 market cap vs Ethereum, a slight bounce is observed. Fibonacci support levels are at 3374 and 4060, the price holding these key levels would add weight to the bullish thesis. Preference given to holding above 4050 for upside momentum. Resistance at 5715 will signal fifth wave up, a micro five-wave move. No confirmed bottom in Wave 4. Monitoring micro 5-wave move for higher prices and identifying local confirmation is necessary. Key level: 4211.