Ethereum's price targets have recently been adjusted downward, and market participants are closely monitoring the situation for the right entry point. Despite the bearish outlook, a potential 20% rise is anticipated, driven by historical trends and market patterns.
As the crypto market approaches the end of the monthly trade, consolidation is expected. September historically tends to be a tough month for gains, and the market's performance is likely to reflect this pattern before a significant price action towards $3000.
Investors are bracing for 'crypto winter' as these trends might lead to a temporary squeeze in gains before a potential upswing. The sentiments among Ethereum bulls remain cautiously optimistic, despite the current lower prices.
