$ETH in September: the month when it finally broke the downtrend 📈
After nearly a year of lower highs, Ethereum did something it hadn’t managed since the August 2025 peak: it broke its bearish trendline and set its first higher high of the cycle.
📊 What happened this month:
• Started around $2,450 defending support
• Rebounded to ~$2,775 (Sep 21) and today consolidates in the ~$2,670 zone
• Still ~45% below its ATH of $4,951
🐋 What the flows are saying:
• Spot ETH ETF with several consecutive sessions of net inflows, including +$432M in just two days
• Whales (10K–100K ETH) accumulated ~260K ETH in one week
• More withdrawals than deposits on exchanges: less ETH available to sell
#ETHETFsApproved #bullish
After nearly a year of lower highs, Ethereum did something it hadn’t managed since the August 2025 peak: it broke its bearish trendline and set its first higher high of the cycle.
📊 What happened this month:
• Started around $2,450 defending support
• Rebounded to ~$2,775 (Sep 21) and today consolidates in the ~$2,670 zone
• Still ~45% below its ATH of $4,951
🐋 What the flows are saying:
• Spot ETH ETF with several consecutive sessions of net inflows, including +$432M in just two days
• Whales (10K–100K ETH) accumulated ~260K ETH in one week
• More withdrawals than deposits on exchanges: less ETH available to sell
#ETHETFsApproved #bullish