We had expected for this scenario to happen and as it turns out, the market bottomed at the ultimate designated target that we had called for more than a month ago. Markets never cease to amaze in the pinpoint accuracy they can display sometimes. In any case, Ethereum has rallied since hitting the 1191 target for more than a hundred dollar gain per coin. At this juncture we really are at the very beginnings of the next bull move. It would be wise to start building a position to hold on this trends way to new all time highs.