Ethereum’s rally this month has been sharp, but traders are being warned to watch September closely. Related Reading: Bitcoin’s Next Stop For 2025? $175,000, According To SOL Strategies Boss Ether climbed about 20% since the start of August, trading at $4,745 at the time of publication. Prices even pierced $4,860 after dovish remarks from US Federal Reserve Chair Jerome Powell at the Jackson Hole symposium, a move that many in crypto see as a possible spark for more gains. Historic September Pullbacks According to CoinGlass, history offers a cautionary note: there have been only three cases since 2016 where Ether rose in August and then slid in September
source: https://www.newsbtc.com/news/ethereum/ether-soars-in-august-but-will-september-spoil-the-party/