September is very dangerous for three reasons.

1️⃣ The crypto market is now completely in sync with the US stock market, so we need to see how the US stocks move.

2️⃣ The end of the third quarter is the time for traders to adjust their portfolios, as they need to present financial statements to investors, so they have to find ways to make them look better.

So I will sell off the ones that have increased significantly in September and take the profits.

ETH has surged too much this quarter, and the corresponding US crypto stocks are in sync.

3️⃣ The act of carving a boat to seek a sword, because of the previous reason, leads to retail investors generally being more cautious and observing in September.

It's better to take most of the profits off the table. If it continues to rise, you'll lose some profits, but if it retracts, the losses will be much greater.