This is hard to explain. It's very catchy, helping to build the jam. Trey is repeating similar themes here. The jam is more stash-like at this point, although still not completely. Treys soloing is still unlike Stash at this point.
Fish becomes less prominent.
Page is stepping up front here, playing minor chords up high on his baby grand. The jam comes down a bit here. Trey is still soloing, but in and out of Page's playing. Page is stepping back a bit here, but not much. Fish is louder, Trey's soloing is staccato, Mike is still hard to hear.