Ethereum price crash in September? Why ETH could fall now

After a long wait, the time had come again on Friday: Ethereum reached a new record high. The results for August so far are impressive, with a price increase of around 30 percent. However, given historical patterns, the uptrend could stall for the time being in September.
“ETH seasonality in September in the years following the halving is generally negative,” commented market analyst “CryptoGoos” on X. Since 2017, price increases in August have always been followed by price declines in September, as data from Coinglass shows.
Overall, there have only been three years so far where share prices have increased in August: 2017, 2020, and 2021. Each time, this was followed by double-digit percentage declines – but also by strong price increases in the following months.
Statistically speaking, Ethereum could be facing difficult weeks ahead, but it is doubtful whether history will repeat itself.
The patterns still clearly bear the hallmarks of the Bitcoin halving cycle. While this once had a significant influence on market phases, today institutional players and macroeconomic factors dominate events.
With the arrival of spot ETFs and a number of treasury firms, the starting position for Ethereum has also changed fundamentally this year.

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