According to @rovercrc, Ethereum’s monthly candle has retraced below the 2021 cycle high after new ATHs and he frames the move as a normal pullback, cautioning traders not to sell too early, source: @rovercrc on X dated Sep 1, 2025. Traders commonly monitor a prior cycle all-time high as a major support or resistance zone, and a monthly close back above that level typically strengthens bullish continuation odds, source: Investopedia Support and Resistance. If ETH posts repeated monthly closes below the prior ATH, the probability of a deeper correction increases, so risk controls and invalidation should be aligned with that level, source: Investopedia Trend Trading Basics.