Ethereum is analyzed on August 13th, trading at $4573.86. The analysis identifies a breakout from a consolidation phase since March 2024, needing two weeks above $4100 for confirmation. A V-shaped recovery is noted from April 7th, resulting in a 3.2x increase. It is said that the timing, volatility, and recovery support the breakout. If it closes one week below $4100 this analysis is invalidated. The video suggests a possible pullback to $4200 due to a large accumulation of leveraged long positions, before continuing the rally to the former all-time high of approximately $4800-$5200, before ultimately targetting $7700 or above, potentially at the end of September.