The analysis, conducted on September 7, 2024, at 16:33 UTC, assesses ETHUSDT, currently priced below $4300, indicating a 2.3% weekly decrease. The analyst anticipates a price drop to $4100, citing liquidation levels with shorts outweighing longs. Liquidation analysis indicates potential targets in the $4100 range on ETHUSDT where $4.2 billion of longs could be cleared out. It then expects $4000 ETHUSDT to hold and act as an accumulation point, with rate cuts by the Fed resulting in ETHUSDT rallying. Technical indicators, including neutral RSI on shorter timeframes and a daily MACD showing good overall, suggest the market is still bearish. A bullish scenario would only be achieved, where the ETHUSDT day close is above $4600, otherwise, downside targets are expected to hold at $4100 then $4000.