Is Ethereum Playing Hard to Get Until Q4? Spoiler: September’s a Total Mess 😬

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So, Ethereum is out here trying to keep its act together and hold some crucial support, hoping to kick off its next bullish romp. But of course, the crypto gods are having a laugh and say September’s going to be about as smooth as a porcupine in a balloon factory before we get that sweet Q4 party. 🎉

Ethereum’s RSVP to the Rally: “Maybe Later”

After the market’s little temper tantrum, Ethereum closed August at around $4,390 – which is basically the highest monthly close since November 2021. Fancy, right? But then, as if it remembered it had bills to pay, ETH dropped to $4,250 – a 14% nosedive from its all-time high of nearly $5,000. It’s like binge-watching a show only to realize the season finale got canceled.

Starting September, ETH tried to flirt with the $4,500 support level for the third day in a row, but nope. That support ghosted it and prices slid below the monthly open like a shady Tinder date.

Market psychic Cipher X reminds us that September is basically ETH’s “meh” month – more red than green, with an average 6.1% loss in value. Yes, even crypto gets the September blues.

According to CoinGlass (which sounds like a fancy spy gadget), Ethereum’s had five double-digit red months since 2016, dropping a dizzying 21.65% in 2017. Meanwhile, it’s only broken into double digits on the upside once – kind of like that one friend who actually reads the book before the movie.

But hey, every cloud has a silver lining. If ETH stumbles now, history says the rebound party starts right after! October and November tend to be nice to Ethereum – with average gains of 4.7% and 7.8%. So basically, September is the awkward pregame before the real fun begins.

“September might be choppy, but ETH’s usually got better manners in the following months,” the analyst assures us. Bitfinex chimes in, too, suggesting September is just the dramatic low point before Q4 brings back the good vibes and maybe some champagne 🍾.

In a Monday report, the crypto exchange played cheerleader saying the sell-off should wrap up soon. Plus, big players are still scooping up ETH, while only about 18.3 million tokens remain on exchanges – basically, Hodlers are hoarding like it’s Black Friday.

Q4: Ethereum’s Glow-Up Season

Michaël van de Poppe is here throwing us some hope, saying ETH is “on its way toward a beautiful spot to accumulate before Q4 is ready to take off.” Translation: it’s like shopping the clearance rack before the holiday sales.

He predicts a 10%-20% price correction this month to somewhere between $3,900 and $3,400 – which was the chill zone before August’s breakout. So, maybe September’s just ETH taking a deep breath.

Daan Crypto Trades points out ETH’s been playing the “hovering” game between $4,300 and $4,500, consolidating like it’s stuck in traffic.

But beware! Without some momentum, ETH might test the range lows again, cozying up to its 200-Day Moving Average and Exponential Moving Average on the 4-hour chart – because who doesn’t love a technical cuddle session?

On the brighter side, breaking out and holding above that range could send ETH on a rocket ride into “price discovery” land – which is crypto speak for “show me the money.”

Meanwhile, market oracle Merlijn The Trader sings praises, saying Ethereum’s entered expansion mode, using the $4,000-$4,100 zone as a launchpad. Apparently, the multi-year trendline turned from a party pooper into a trampoline to $7,000. Let’s just hope it doesn’t bounce us off instead.

Right now, Ethereum’s trading at $4,268 – down 4% on the day, because of course it is. Welcome to the wild ride, folks! 🎢

Ethereum Price Chart

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2025-09-02 07:22