Ethereum

A whale withdrew 40K ETH ($76.6M) from exchanges on 31 July, signalling strong accumulation demand — but the Fear & Greed Index sits at 27 (Fear) and rate hike risk into August caps the upside near the $1,950 range-top.

ETH is pressing the upper boundary of its $1,830–$1,950 consolidation range at $1,874.60, with bulls needing a confirmed close above the $1,950 key resistance to shift the trend decisively higher.

Main Risk

Fed Rate Hike Fears & August Jobs Data

Markets are pricing renewed rate hike risk ahead of August US jobs data, which could strengthen the USD and compress risk-asset valuations, pushing ETH back toward the $1,830 range support.