August is typically the off-season for trading due to US financial holidays, and historically crypto hasn’t performed well during this period. With Powell’s hawkish speech coming up and US stocks trending down, ETH has actually shown impressive resilience—giving everyone a prime opportunity and range to buy the dip. As we get closer to the expected 25bps rate cut in September, unless there’s major trouble in the US stock market, the overall trend remains bullish with plenty of upward trading opportunities. On the macro side, keep a close eye on US equity risks, crypto regulation, Trump vs. the Fed, and stablecoin developments. Within the industry, watch for the next ETF narrative, DeFi legislation, and tokenized equity projects.