According to news on September 10, recently, the market intelligence platform Santiment disclosed recent positive changes in the Ethereum network in the X platform. According to data from SanbasePro, the Ethereum network is experiencing significantly higher growth levels, signaling a resurgence in activity and promising bullish momentum for the cryptocurrency. It is understood that on September 8, there were approximately 126,210 newly created wallet addresses on the Ethereum network. Surprisingly, despite Sunday being typically the least active day of the week, the network still recorded its highest growth momentum in four months, hitting the new milestone. Cryptocurrency analyst trader Tardigrade believes that Ethereum's price trend has entered a "double bottom" pattern, and the "W structure" may indicate that its price may be about to reverse. This rise may push the price of Ethereum to $3,900. Ali Martinez, another crypto analyst, revealed that Ethereum whales may have lost interest in the cryptocurrency, noting that they stopped accumulating ETH in early July and have since turned to selling or reallocating their holdings.