Recently, the cryptocurrency market analysis platform Coinglass released an interesting statistic that sparked widespread discussion about Ethereum's "July Effect." This report reviewed Ethereum's performance in July each year since 2016.

Data shows that in July over the past 9 years, Ethereum has experienced 3 increases and 6 decreases. Among them, July 2022 recorded the most significant increase, reaching an astonishing 56.62%. In contrast, July 2017 suffered the most severe decrease, falling by 27.29%.

Despite significant fluctuations, Ethereum's average return rate remained positive at approximately 5.52% in July over the long term. This data provides valuable reference for investors and market analysts.

This statistic not only reflects the high volatility of the cryptocurrency market but also demonstrates the resilience of Ethereum as a major crypto asset. However, experts warn that historical data is for reference only and should not be regarded as a definitive indicator of future trends.

With the continuous development of blockchain technology and the cryptocurrency market, the factors affecting asset prices are also constantly changing. When making decisions, investors should not only consider historical data but also pay attention to various factors such as the current market environment, technological advancements, and the global economic situation.