Ethereum could potentially pump by 40%! (8H)ETHUSDT Perpetual ContractBYBIT:ETHUSDT.PbehdarkSince the point where we placed the green arrow on the chart, the bullish phase on Ethereum has started. This phase appears to be forming a Diametric pattern. We expect Ethereum’s current correction and sideways movement to be part of Wave D of this Diametric. Once this wave is complete, the price could pump in the form of Wave E. A significant amount of liquidity has accumulated around Ethereum, while most traders are bearish on it. This creates a good opportunity for Ethereum to pump and trap traders who have a bearish view and have opened short positions. This is exactly the kind of move market makers often make. Ethereum’s targets are marked on the chart. Make sure to take some profit at the first target. Hitting the stop-loss will invalidate this setup. 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 Ethereum is bullish?