#Ethereum
*ETHEREUM - ETH Summary | Friday August 28, 2026 - Last 12 hours*
*Current price*
- *ETH*: $2,443 - $2,516 USD
- *24h change*: -2.94% to +1.29%
- *24h range*: Low $2,405.97 / High $2,557.22
- *Market Cap*: $299.7B - $305.1B
- *24h volume*: $15.6B - $17.4B | +32% to +50% vs 30-day average
*What happened in the last 12h*
A consolidation session with a slight correction. ETH opened at $2,517 and reached $2,535 early on.
It corrected down to $2,405 and is now rebounding in the $2,443 - $2,491 range.
It remains above $2,400 after the rally from the past two weeks.
*Why it moved like this*
1. *Profit-taking*: After gaining +32.33% in 14 days and breaking above $2,400
2. *Macro*: The market is watching the Fed speech in Jackson Hole today. A restrictive tone pressured risk assets
3. *Volume*: Still very high at $17.4B. Institutional interest remains strong
4. *Catalysts*: Stablecoin expansion + inflows into ETH spot ETFs
*Technical data*
- *Trend*: Above SMA-7, 15, 30, 50, 90 and 200 days = bullish structure intact
- *Return*: +5.88% weekly and +32.33% in 14 days
- *Key support*: $2,415 - important liquidation level. If it breaks, it could go to $2,280
- *Resistance*: $2,564 - recent high. Breaking above points to $2,766
- *ATH*: $4,948 in August 2025. Today it is -49.65% below
*Levels to watch*
- *Support*: $2,415 - $2,483
- *Resistance*: $2,500 - $2,564
- *Bullish target*: $3,000 if the breakout is confirmed, ∼20% above.
*ETHEREUM - ETH Summary | Friday August 28, 2026 - Last 12 hours*
*Current price*
- *ETH*: $2,443 - $2,516 USD
- *24h change*: -2.94% to +1.29%
- *24h range*: Low $2,405.97 / High $2,557.22
- *Market Cap*: $299.7B - $305.1B
- *24h volume*: $15.6B - $17.4B | +32% to +50% vs 30-day average
*What happened in the last 12h*
A consolidation session with a slight correction. ETH opened at $2,517 and reached $2,535 early on.
It corrected down to $2,405 and is now rebounding in the $2,443 - $2,491 range.
It remains above $2,400 after the rally from the past two weeks.
*Why it moved like this*
1. *Profit-taking*: After gaining +32.33% in 14 days and breaking above $2,400
2. *Macro*: The market is watching the Fed speech in Jackson Hole today. A restrictive tone pressured risk assets
3. *Volume*: Still very high at $17.4B. Institutional interest remains strong
4. *Catalysts*: Stablecoin expansion + inflows into ETH spot ETFs
*Technical data*
- *Trend*: Above SMA-7, 15, 30, 50, 90 and 200 days = bullish structure intact
- *Return*: +5.88% weekly and +32.33% in 14 days
- *Key support*: $2,415 - important liquidation level. If it breaks, it could go to $2,280
- *Resistance*: $2,564 - recent high. Breaking above points to $2,766
- *ATH*: $4,948 in August 2025. Today it is -49.65% below
*Levels to watch*
- *Support*: $2,415 - $2,483
- *Resistance*: $2,500 - $2,564
- *Bullish target*: $3,000 if the breakout is confirmed, ∼20% above.
