Ether may end the month with losses exceeding 14%. This is the biggest loss it has seen in the last three months. Nonetheless, it saw more trends but soon dropped as selling pressure mounts.
Trading action during the past four weeks showed massive volatility. Nonetheless, there were massive fundamentals during this 30-day period. One such is the highly anticipated merge.
It took place on the 15th and many expected that this may result in massive uptrends. Unfortunately, price continued maintain its normal uptrend and soon dipped.
The United States SEC countered that the move may attract legal issues.
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Source: https://coinfomania.com/september-dump-ethereum-may-close-with-losses-exceeding-14/