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Bearish
Ethereum
Archived analysis from Aug 6, 2026, 8:26 PM
$2,000 round number + Aug 2025 ATH breakdown shelf at $1,950 cap recovery — break above 100-day EMA at $1,926 needed first.
Rejected at 100-day EMA ~$1,926; stalls at $1,908 with BTC also -0.4% — no catalyst to break resistance.
Main Risk
CLARITY Act stall in Congress
Passage before summer recess in doubt; removes key regulatory tailwind for ETH spot demand.
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