**News Flash: Ethereum's Rollercoaster Week and SEC Delay**

Ethereum (ETH) saw a 15% rally over the past two weeks but is now stuck in a consolidation phase, hovering between $2,600 and $2,700. Despite a $316 billion market cap and $15.7 billion in trading volume over the last 24 hours, ETH's momentum has stalled.

In regulatory news, the SEC has postponed its decision on spot Ethereum ETFs to November. This delay comes shortly after the SEC approved options trading for the iShares Bitcoin Trust (IBIT) on Nasdaq, reflecting a cautious approach to new crypto products.

Meanwhile, prediction market Polymarket has adjusted its odds, now showing an 85% chance that Ethereum won't hit a new all-time high in 2024, up from 71% last week.

Traders are eyeing profit-taking opportunities, with ETH's RSI indicating overbought conditions, suggesting short-term selling pressure could rise soon. Stay tuned for more updates!