The video provides a technical analysis of ETHUSDT, projecting a bullish trend. It is based on the broadening top pattern, backtest line and short term indicators on 1H and 4H and also daily time frames. A consolidation phase has ended. The 1.618 golden ratio extension sets a target of $8000. The trader believes reaching $4900 by the end of the week, with a potential to $5000, this means a breakout. The analysis sets a higher end-of-year goal between 10k and 12k, considering $8000 is expected to be end by october if it all goes as planned.