Affected by the US financial holidays in August, it has always been a trading off-season, with historical poor performance in cryptocurrencies. Coupled with the upcoming speech from hawkish Powell and the decline of US stocks, ETH's performance has been outstanding, providing everyone with the best time and area for bottom-fishing.

As the time approaches for a 25 basis point interest rate cut in September, unless there are major issues in the US stock market, the future trend is upward trading opportunities in a bull market.

Therefore, seize the opportunity during the downturn; it is the best time for spot players to make phased allocations.