This technical analysis video provides critical Elliott Wave insights for Ethereum traders navigating the current consolidation range. The analyst examines key support levels at $3,633-$3,861 and identifies resistance zones that must break for bullish confirmation. Most importantly, he warns that despite holding support, Ethereum lacks the five-wave impulse structure needed for confirmed trend reversal, making current long positions high-risk. The video is essential for traders seeking to understand why $4,400 represents the critical breakout level and why premature entries remain dangerous without proper wave structure confirmation.