The analysis begins with Ethereum at $4363 on September 1st, indicating 7 hours and 47 minutes left in the day. A tweezer bottom and top pattern suggest indecisiveness. The predicted trend anticipates Ethereum mirroring Bitcoin, initially declining to around $4000-$4200 by September 16th or 17th, influenced by the FOMC meeting. It suggests the price decreasing from $4364 to the support level around $4300 to $4280. Then, Ethereum will recover, potentially reaching new all-time highs by October. RSI analysis indicates bearish momentum on the 1-hour chart, targeting a price above $4500 to negate the short-term bearish outlook. The analyst reviews long liquidations clustering around $4280. The video suggests 4000-4200 is a likely low point. A diamond top formation is observed, potentially leading to false breakouts. Ultimately expecting an ETH price target of $8000 by Oct.