Point of View: Ethereum Price Action Shows Weakness But Has Not Peaked Yet, Merely in a Seasonal Trend

By: theblockbeats.news|2025/08/29 20:53:13
0
Share
copy

BlockBeats News, August 29th, trader CoinMamba posted, "The market seems a bit weak, but I took another look at the ETH chart, and in my opinion, we have not reached the peak yet. We are just going through a normal seasonal trend."

BlockBeats previously reported that on August 26th, Matrixport stated, "Most of the summer institutional funds have exited, but Ethereum continues to attract inflows, while Bitcoin ETF may see net outflows for the fifth consecutive month. The outflow this month is estimated to be about $1.2 billion, the second-highest in history, only behind February's $3.5 billion. Seasonal factors may be temporary, but they remind us that fund flows are equally important as seasonality. After maintaining a bullish stance in July, we turned cautious in August. Although macro and liquidity factors may still support Bitcoin, the current market still needs to remain vigilant."

-- Price

--

You may also like

Who is footing the bill for the $64 billion accounting frenzy?

Affected by Bitcoin falling below $60,000, publicly listed companies heavily invested in this asset are facing huge paper losses and valuation discounts, and their debt structure and accounting standards may trigger structural liquidity risks in the future.

Global Launch: As predictions become the most scarce asset in the AI era, Manadia is defining the next generation of the value internet

The trusted AI prediction ecosystem Manadia, which has secured $7 million in funding from well-known institutions like OKX, will globally launch in June. The core token UMXM has already been listed on multiple mainstream platforms, inviting you to seize the new blue ocean of the trillion-level predi...

Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion

Overview of Important Market Events on June 25

Why do cryptocurrency projects always like to change their names?

In many cases, the old names of encryption projects have no competitive advantage, only historical baggage.

From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework

Give up on heavily investing in Nvidia's "nine major bottlenecks"! This article analyzes the underlying logic behind top AI investors making billions: physical infrastructure such as electricity, HBM, and optical interconnects are the true keys to wealth in AI hardware.

Morning News | The draft amendment to the People's Bank of China Law aims to clarify the legal status of digital renminbi; South Korea will transfer about 40 unregistered virtual asset service providers to law enforcement agencies

Overview of Important Market Events on June 24

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com