Ether's August Surge May Face September Slump: Historical Data Suggests Caution Amidst New Market Factors

Ether's impressive August rally, which saw a 25% price increase, may be followed by a September downturn, according to historical data. Despite recent gains driven by dovish comments from Federal Reserve Chair Jerome Powell, past performance suggests a potential reversal in the upcoming month. However, the current market landscape, influenced by spot Ether ETFs and corporate treasury holdings, could lead to a different outcome this year.

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