Good morning, traders! ☕ Ethereum is testing resistance right around $1,900 this morning, with prediction markets giving it roughly a 52% probability of closing today somewhere between $1,800 and $1,900 — a genuinely tight, undecided range heading into a big week. Institutional conviction remains strong in the background though: BitMine just extended its ETH buying streak, and the firm now holds 4.8% of Ethereum's entire circulating supply, a remarkable accumulation milestone.
There's also a notable technical proposal making waves — EIP-12188, which aims to trim historical node data and ease long-term operational burdens for node runners. It's the kind of behind-the-scenes infrastructure work that rarely moves price short-term but genuinely matters for the network's long-term health.
With Wednesday bringing both the Fed's July meeting minutes and a White House meeting with crypto industry leaders, ETH's next real move likely waits until midweek. 🧠
$ETH #Ethereum #ETH2026 #FOMC #CryptoNews #Institutional
There's also a notable technical proposal making waves — EIP-12188, which aims to trim historical node data and ease long-term operational burdens for node runners. It's the kind of behind-the-scenes infrastructure work that rarely moves price short-term but genuinely matters for the network's long-term health.
With Wednesday bringing both the Fed's July meeting minutes and a White House meeting with crypto industry leaders, ETH's next real move likely waits until midweek. 🧠
$ETH #Ethereum #ETH2026 #FOMC #CryptoNews #Institutional