[Opinion: Ethereum's Trend Appears Weak but Hasn't Peaked, Merely Following Seasonal Patterns] BlockBeats News, August 29, trader CoinMamba posted, 'The market seems somewhat weak, but I reviewed the ETH chart again, and in my opinion, it hasn't peaked yet. We're just experiencing normal seasonal trends.' BlockBeats previously reported on August 26 that Matrixport stated, 'Institutional funds largely exit during the summer, but Ethereum continues to attract inflows, while Bitcoin ETFs may see net outflows for the fifth consecutive month. This month's outflows are estimated to be around $1.2 billion, the second-highest in history, only behind February's $3.5 billion. Seasonal factors may be short-lived, but they remind us that fund flows are just as important as seasonality. After maintaining a bullish stance in July, we turned cautious in August. Although macro and liquidity factors may still support Bitcoin, the current market requires vigilance.'