Ethereum is showing strong momentum this week, bouncing nearly 8% and reclaiming over 80% of last week’s dip.
Historically, August has been a weak month for $ETH, but 2025 is breaking that trend.
Institutional holdings surged 127% in July, on-chain activity hit an all-time high with 1.74 million daily transactions, and $ETH is now just 22% below its peak.
With leverage flushed out and volume rising, Ethereum could be gearing up for a breakout, August might not be bearish this time.
