According to CoinMeta, global institutional holders predict that Ethereum (ETH) is about to experience a rebound driven by what they call the "facial tearer" phenomenon. As of September 11th, Ethereum's price rose by 7.46% to reach $2619, showing a strong upward trend. Over the past week, the asset has seen an overall increase of 6.62%. Tom Lee, co-founder of Fundstrat, commented that the current market momentum poses a significant challenge for short sellers. The catalyst for this rebound was the release of the U.S. Consumer Price Index (CPI) in August; although the annual inflation rate met expectations at 3.4%, the core CPI month-on-month increase of 0.3% slightly exceeded expectations. This data triggered short-term market volatility and an rise in Treasury yields, but the market quickly recovered thereafter. According to Fundstrat, investors took an extremely defensive stance before the data release, so the relatively "harmless" data led to a large amount of capital flowing back from cash to risk assets, forcing short sellers to close their positions.