Ether rose significantly in August by 18.8%, which greatly exceeds the average growth of the crypto market at 14%, mainly due to a stronger influx of funds into Ether ETFs compared to Bitcoin ETFs. However, historical data shows that after a strong August, the likelihood of a dip in September for Ether is extremely high: after a rise of 25.3% in August 2020, there was a dip of 17% in September; after a rise of 35.6% in August 2021, there was a dip of 12.5% in September; after a rise of 13.4% in August 2023, there was a dip of 11.3% in September. Currently, over 96% of ETH addresses are in profit territory, creating significant pressure to take profits. Technical analysis shows a symmetrical triangle on the 4-hour chart, the breakout direction will determine short-term dynamics, key resistance level at $5000, support level at $4212.#Gate Initial Listing WLFI #Will Crypto Market Break Out in September? #Are You Bullish or Bearish Today? #pi .