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Ethereum Defies Its September Curse, But One Resistance Wall Still Stands

Ethereum Defies Its September Curse, But One Resistance Wall Still Stands

ETH is holding up far better than usual for a month traders love to dread, but there's still a resistance zone standing between here and the next leg up.

September has a reputation in crypto for being rough, but this time Ethereum isn't cooperating with the script. ETH has been grinding higher and pulling in fresh buying interest from several corners of the market, brushing off the seasonal jitters that usually spook traders this time of year.

What's driving the bounce

Steady spot demand and improving sentiment across the wider market have helped ETH hold its ground even while macro headlines stayed noisy. That's a noticeably different setup compared to the September pullbacks we've seen in past cycles.

The wall ahead

Here's the catch: there's still a major resistance zone overhead that bulls haven't managed to break yet. Until price clears it on real volume, this bounce could just as easily fade as it could turn into something bigger.

For now, ETH looks healthier than the calendar would suggest, but the next few candles near that resistance are going to say a lot more than the last few weeks did.