Ethereum Is About to Liquidate the Shorts (8H)Ethereum / TetherUSBINANCE:ETHUSDTbehdarkFrom the point where we marked the START and placed the green arrow on the chart, Ethereum appears to have entered a bullish phase. This bullish phase appears to be forming an ABC pattern or a more complex corrective structure. The price is currently in Wave C, which appears to be a Double Combination. We are now in the second part of this structure, which looks like a Diametric. Looking at it in more detail, the price is currently in Wave G of this Diametric. The green zone is a flip area that has been broken to the upside and is now acting as support. The red box could serve as the target area where Wave C is expected to complete. Analysis invalidation: A daily candle close below the invalidation level will invalidate this analysis. If you have a coin or altcoin you want analyzed, first hit the like button and then comment its name so I can review it for you. Do you also think ETH is bullish?