$ETH is trading around $1,880, currently in a sideways consolidation phase with weak momentum and low weekend volume.
Resistance: $1,900–$1,950 Support: $1,800–$1,850 Bullish scenario: A strong breakout above $1,950 could open the way toward $2,000+. Bearish scenario: Losing $1,800 could expose ETH to deeper downside. Bias: Neutral to slightly bullish, but confirmation is needed before entering a trade.
The upcoming August 19 FOMC minutes could bring volatility to ETH and the broader crypto market.
Trading view: Wait for a confirmed breakout above $1,950 or a clear rejection near resistance rather than chasing the current range.#ETH #Ethereum
Resistance: $1,900–$1,950 Support: $1,800–$1,850 Bullish scenario: A strong breakout above $1,950 could open the way toward $2,000+. Bearish scenario: Losing $1,800 could expose ETH to deeper downside. Bias: Neutral to slightly bullish, but confirmation is needed before entering a trade.
The upcoming August 19 FOMC minutes could bring volatility to ETH and the broader crypto market.
Trading view: Wait for a confirmed breakout above $1,950 or a clear rejection near resistance rather than chasing the current range.#ETH #Ethereum