Key control
The Eth Demand Treasure company and a stamping base of $ 160 billion keep optimism alive. However, with the seasonality of weak September and BTC near the pressure of $ 108k, recovery signals may not appear until the fourth quarter.
Bitcoin [BTC] I was struggling to defend the basis of the cost of the short term at $ 108K. The macro perspective remained constructive in the middle of the period, with the market consensus for a 25 BPS rate cut in September that reaches 90%.
In the coming weeks, the US Treasury loans were established to drain the liquidity of the dollar and put a tension in risk assets, Ambcrypto reported.
Such pressure risked a BTC setback to $ 100K. Would an opportunity for Ethereum be such a recoil? [ETH] To show your strength, or will ETH prices also suffer?
Why Ethereum catalysts may not cause instant recovery
The strategist and investment director of Wall Street and Fundstrat, Tom Lee, predicted a $ 12K Ethereum for the end of the year. He called Ethereum the “biggest macro trade” of the decade.
Stablecoins, AI and Project Crypto were the three main catalysts he read. Recently, Stablecoin’s supply in Ethereum exceeded the figure of $ 160 billion, marking a historical maximum.
Source: Blockworks
Another factor that could increase the feeling behind Ethereum was institutional adoption.
DistilaY Tom Lee’s interview, the expectation is that Ethereum could be the Global Finance Foundation layer and AI.
Crypto Treasury Company data showed that ETH purchases have increased since the first week of June. So much so that in recent weeks, ETH invented most of the purchases made by companies in August.
If this trend continues, it could lead to a price recovery.
Why September often stumbles with the headlines of Ethereum?
Source: Barchart
However, historical trends revealed that September has not been kind to Ethereum.
Since 2017, the asset registered negative or barely positive returns in September. On the other hand, the last quarter typically rewarded the headlines.
Source: Elja On X
In an X post, the User Elja showed how a route to $ 6K is possible for the end of 2025.
Using historical overlays, the average track showed that ETH could embark on a year -end rally, but it might not start immediately.
That said, even with bullish catalysts, investors had to weigh winds against season. Patience, naturally, seemed the strongest trade in the coming weeks.
