Is the September 8th Bitcoin & Ethereum Reversal Trend Sustainable? What Experts Say
Cryptocurrency markets experienced a potential trend reversal around September 8th, raising questions about its long-term sustainability. While it is impossible to accurately predict the bottom of any bearish trend, we are confident we will start to see a reversal of this trend in mid to late September. Was this a false dawn, or the start of something bigger for Bitcoin and Ethereum?
Ethereum's Potential and the 8-Year Cycle
Ethereum, in particular, has been the focus of much analysis. Crypto analyst Benjamin Cowen highlights a critical condition for Ethereum’s potential reversal: reclaiming the 50-day moving average (MA) for the ETH/BTC pair. This is a key level to watch for confirming sustained bullish momentum. Furthermore, Elliott Wave theory predicts a bullish movement potentially reaching up to $3,000.
Looking ahead, projections based on the 8-year cycle theory suggest that Ethereum’s price could peak around mid-2025. Ethereum 8 de sept. de 2025, a date that aligns with some bullish projections, becomes an interesting point of reference. This peak is expected to coincide with the RSI and MACD indicators confirming a solid and lasting bullish trend.
Bitcoin's September Struggles
However, historical data suggests that September is typically a bearish month for Bitcoin, with six of the last seven Septembers closing in the red, averaging a loss of around 4.5%. The firm has noted this trend. This seasonal weakness could present challenges to the recent gains.
Confirmation of the Reversal
On Thursday, a trend reversal was registered, with Ethereum paving the path. At press time, the aggregate valuation of all cryptos stood at an elevated 23 de sept. de 2025. Whether this reversal holds depends on a confluence of factors, including overcoming historical bearish trends in September and Ethereum maintaining key support levels. Continued monitoring of technical indicators and market sentiment is crucial to determine if this uptrend is truly sustainable.
Conclusion
The sustainability of the September 8th Bitcoin and Ethereum reversal remains uncertain. While some indicators point to a potential bullish run for Ethereum extending into 2025, historical September trends for Bitcoin and the need for ETH/BTC to reclaim its 50-day MA suggest caution. Keep a close watch on market movements and expert analysis to navigate the volatility.