⟠

Ethereum

Neutral

1,875.60 USD ▼ -0.27%

Analysis from Aug 16, 2026, 7:04 PM

$1,950 200-day MA caps every bounce; reclaim signals trend shift. Below $1,750 opens $1,480. ETH/BTC ratio languishing — ETH underperforms BTC until institutional demand rotates into alts.

Trades at $1,884 — 38% below the 2024 high of $3,000+, stuck between 200-day MA resistance near $1,950 and $1,750 prior range lows. BTC at $63K shows no ETH rotation yet.

Main Risk

ETH/BTC ratio breakdown

ETH/BTC ratio near multi-year lows signals capital sitting in BTC; a further leg down drags ETH to $1,480 regardless of broader crypto tone.

Full analysis with price ladder, scenarios & outlook in the app. Get the App

Price Ladder

Hard Stop: 1,680.00 — Break of $1,680 invalidates range structure; 2023 consolidation zone lost

Support 2: 1,750.00 — 2024 swing low / range base

Support 1: 1,800.00 — Key round number / prior range floor

Resistance 1: 1,950.00 — 200-day MA / 2025 breakdown level

Resistance 2: 2,100.00 — Fib 38.2% / Q1 2025 swing high

Bull Target 1: 2,200.00 — Fib 50% retracement

Bull Target 2: 2,550.00 — Fib 61.8% / 2024 range midpoint

🔒

Full analysis in the app

Unlock now

Scenarios

🐻 Range Break — Retest $1,480

Loss of $1,750 opens 2023 consolidation lows near $1,480; ETH/BTC ratio worsens.

🐂 200-day MA Reclaim — Target $2,550

Reclaim of $1,950 flips trend; $2,100 Fib 38.2% and $2,550 Fib 61.8% in sequence.

🔒

Full analysis in the app

Unlock now

Macro Drivers

USD strength (DXY / EUR/USD 1.1571) — EUR/USD holding 1.1571 limits DXY upside, but USD/JPY at 159 signals carry demand; crypto headwind persists.

Risk appetite — S&P 500 at 7,780 — S&P 500 at 7,780 all-time-high zone keeps macro backdrop supportive for risk assets including ETH.

Gold at $4,376 — inflation hedge bid — Gold at $4,376 shows inflation hedging active, but flows favour gold over ETH as hard-asset proxy currently.

🔒

Full analysis in the app

Unlock now

Key Dates & TradingBrief View

📅 US CPI release — mid-Sep 2026 (next major macro catalyst)

📅 FOMC meeting — Sep 2026 (rate path clarity for risk assets)

📅 Ethereum network upgrade announcement — watch developer calls

Neutral / Wait — Hold flat; re-enter long only on daily close above $1,950 with stop at $1,750

$1,884 is no-man's land — $1,950 200-day MA above, $1,750 support below; wait for a decisive break.

🔒

Full analysis in the app

Unlock now

View all past Ethereum analyses →