๐๐ "SEPTEMBER SAID โNO GAINS FOR YOUโ โ ETH EDITION!" ๐๐ซ*
*Everyone's screaming โSeptember = doomโโฆ but letโs bring receipts, not just vibes.*
Hereโs how Ethereum has *actually* performed every September since 2020. ๐
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๐งพ ETHEREUM SEPTEMBER REPORT CARD: 2020โ2024
(Yes, it's a little bloodyโฆ)
| Year | Opening | Closing | % Change |
|------|---------|---------|----------|
| 2020 | 433.80 โ359.35 | *-17.15%* โ
| 2021 | 3,339.90 โ2,988.75 | *-10.50%* ๐
| 2022 | 1,554.11 โ1,328.72 | *-14.48%* ๐ฌ
| 2023 | 1,688.35 โ1,676.87 | *-0.69%* โ ๏ธ
| 2024 | 2,511.91 โ2,601.49 | *+3.57%* โ ๐
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๐ What Does This Tell Us?
1๏ธโฃ *September really *has* been bearish* in 4 of the last 5 years.
2๏ธโฃ But 2024 flipped the script with a *+3.57% gain*, hinting the trend *might* be shifting.
3๏ธโฃ Even in years like 2023, the downside was minimal โ not every September is a bloodbath.
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๐ฎ Predictions & Perspective:
- 2024โs green close could be an early sign of *bullish Q4 momentum*, especially with ETH 2.0 and ETF narratives brewing.
- Historically, *OctoberโDecember* have outperformed. If ETH holds above 2.5K, a *parabolic move* could be next.
- *Psychological level:*3K is key. Break that, and we may retest 3.5Kโ4K range.
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๐ ๏ธ Tips for Navigating the September Fog:
โ๏ธ *Donโt blindly panic* based on historical averages. Context matters.
โ๏ธ *Zoom out* โ use red Septembers as accumulation zones.
โ๏ธ *Set alerts* around key levels like 2.4K and2.7K.
โ๏ธ Be *liquid and patient* โ whales love shaking weak hands in September.
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*Moral of the story?*
September *can* be savage, but 2024 shows it's not a guaranteed red month anymore.
Stay sharp, stay chill โ *donโt get shook out before the real pump begins.* ๐