I am just looking at the moment for a price correction and seeing a selling trend, seeing the lowest point for ETH below $ 400 so we can know in the next few weeks, whether ETH is able to go above $ 500, that's just my view not as an analysis
why did you decide that ETH could go up to $ 500? The DEFi market is already very hot and soon the prices for these projects will go down, which will reduce the popularity of ETH. I don't think we will see $ 500 before December.