🟢 ETH Update — Aug 23
ETH: around $2,420–$2,430
Trend: 🟢 Bullish while holding $2,300
Support: $2,300 → $2,250
Resistance: $2,450 → $2,500
Breakout: Above $2,500 could open $2,600+
Risk: Losing $2,250 would weaken the setup.
ETH also saw strong institutional demand recently: spot Ether ETFs recorded about $697M net inflows last week, their strongest week of 2026.
My view: 🟢🟢 Bullish — but don't chase a big green candle. A pullback holding $2,300–$2,350 would be healthier. $ETH
ETH: around $2,420–$2,430
Trend: 🟢 Bullish while holding $2,300
Support: $2,300 → $2,250
Resistance: $2,450 → $2,500
Breakout: Above $2,500 could open $2,600+
Risk: Losing $2,250 would weaken the setup.
ETH also saw strong institutional demand recently: spot Ether ETFs recorded about $697M net inflows last week, their strongest week of 2026.
My view: 🟢🟢 Bullish — but don't chase a big green candle. A pullback holding $2,300–$2,350 would be healthier. $ETH