The article forecasts a robust crypto market in early 4Q25, driven by strong liquidity and favorable macro conditions, particularly for bitcoin. It challenges the belief in significant seasonal effects on crypto performance, particularly the "September effect," suggesting that historical trends lack statistical significance and may mislead investors.
Bitcoin experienced a significant decline in August, losing 8% and erasing its summer rally, while ether saw substantial capital inflows, particularly from ETH ETFs. Historical data suggests that September has been a challenging month for bitcoin, with a negative average return over the past twelve years. However, the small sample size of these observations may limit their reliability as indicators of future performance.