According to @CryptoMichNL, ETH advanced 65% over the past month and is now trading close to its all-time high with no meaningful corrections during the move, indicating a bull market regime, source: @CryptoMichNL on X, Aug 9, 2025. For traders, the author characterizes ETH market conditions as a bull market following a rapid, correction-free climb toward ATH, underscoring strong upside momentum to date, source: @CryptoMichNL on X, Aug 9, 2025.