I think these are the two most likely trajectories for #ETH right now.

I would like to see ETH break above 4,000 $ in August, as I believe this would allow it to climb higher by the end of the cycle, if the potential weakness in September is limited to a retest of the $4,000 level.

But if ETH fails to break through in August, watch to see if it maintains support at the bullish market support band, then forms a higher low in September.

My baseline scenario remains that ETH will reach new all-time highs this year, but the path to get there is difficult to predict accurately.