Recently, the Ethereum (ETH) market has shown a significant sideways trend, which is likely to continue for about the next month. Observing historical data, we found that last year ETH started sideways from August and continued until November, when it experienced a large pump. This year's market trend is quite similar to last year, entering a sideways phase since May.

This sideways fluctuation period lasting about three months usually completes a relatively sufficient turnover of funds. It is worth noting that the cost price of most institutional investors newly entering the market is concentrated around 2600 USD. Based on this, we have reason to believe that when this range fluctuation ends, ETH is likely to show a pump trend.
For investors, this may be the 'darkness before dawn'; maintaining patience and confidence is crucial. However, it is also important to remain vigilant, as the cryptocurrency market has always been highly volatile, with risks and opportunities coexisting.
In addition, Bitcoin experienced a brief flash crash early this morning, further increasing market uncertainty. In such a complex market environment, investors need to remain vigilant at all times, manage risks effectively, and closely monitor market trends to seize potential investment opportunities. #Gate Tops Global 30-Day Net Inflows# #Grayscale ETF Approval#