Will Ether’s September Shake-Up Break the Crypto Cycle? 🤔

by

Ah, Ether. The cryptocurrency that moonwalks through August like it owns the place, only to trip over its own shoelaces in September. History, that cheeky mischief-maker, suggests this pattern might repeat itself. Again. Because why should 2025 be any different? 🤷‍♂️

Since the start of August, Ether (ETH) has strutted up 25% like a peacock at a pigeon convention. But before you start planning your Lamborghini purchase, consider this: historical data is whispering (or maybe shouting) that September could bring a downturn. Of course, whispers from history are about as reliable as a cat promising not to knock anything off the table. Only time-and possibly spot Ether ETFs-will tell if this year flips the script. 📉🚗

Crypto trader CryptoGoos, who clearly spends their weekends pondering life’s deepest mysteries, posted on X (formerly Twitter): “ETH seasonality in September during post-halving years is typically negative. Will this time be different?” Spoiler alert: They didn’t sound particularly optimistic. 😅

At the moment, Ether is trading at $4,759, which is roughly $952 higher than its August 1 opening price of $3,807, according to CoinMarketCap. It even flirted with new highs above $4,867 after Jerome Powell, chair of the US Federal Reserve, hinted at potential interest rate cuts. Ah yes, nothing screams “bullish catalyst” like a man in a suit talking about economics while everyone else pretends to understand. 🎩💰

History Suggests Caution for Ether During September… Or Does It? 🤔

Powell’s comments may have sent crypto enthusiasts into a frenzy, but let’s not forget what happened last time someone said “dovish.” Oh wait, we can! In 2017, 2020, and 2021, Ether soared in August only to stumble in September like a toddler learning to walk. Specifically:

  • In 2017, Ether surged 92.86% in August before dropping 21.65% the next month.
  • In 2020, it climbed 25.32% in August and then slipped 17.08% in September.
  • In 2021, Ether gained 35.62% in August but lost 12.55% in September.

But here’s the twist: despite those September dips, Ether bounced back in the final three months of both 2016 and 2020. So perhaps September is just its annual existential crisis before rediscovering itself in October. Either way, this year might actually break the mold thanks to spot Ether ETFs and treasury companies-two things that weren’t around during previous cycles. Fancy that! 🔄📈

On Aug. 11, the total value of Ether held by companies with crypto treasuries surpassed $13 billion as prices surged past $4,300. And because no story is complete without a billionaire flexing their wallet, BitMine chairman Tom Lee reportedly bought another $45 million worth of Ether on Saturday, bringing BitMine’s total stack to a whopping $7 billion. Clearly, he’s either very confident or just really bad at Monopoly. 🕶️💎

August: A Big Month for Spot Ether ETFs (And Bitcoin’s Midlife Crisis?) 📊

Meanwhile, spot Ether ETFs have been soaking up roughly $2.79 billion in net inflows this August alone. Meanwhile, spot Bitcoin ETFs? Well, they’ve seen about $1.2 billion in net outflows over the same period. Nate Geraci, president of NovaDius Wealth Management, noted this “notable shift” between the two. Translation: Bitcoin dominance, which measures its market share, has dropped 5.88% over the past 30 days to 58.19%. Many attribute this to capital rotating into the broader crypto market-a polite way of saying Bitcoin got tired of being the center of attention. 🌀💸

So, will Ether defy history and keep climbing? Or will September once again prove that cryptos, like cats, love to land on their feet when least expected? One thing’s certain: the crypto world wouldn’t be nearly as entertaining without these little dramas. 🐱✨

Read More

2025-08-24 08:38