🔥 ETH Update — 31 Aug 2026
ETH: around $2,420–$2,450
ETH is pulling back after rejection near the $2,500–$2,550 resistance zone.
🟢 Support: $2,400 → $2,366
🔴 Resistance: $2,500 → $2,545–$2,550
Bullish scenario: If ETH reclaims $2,500 and breaks $2,550 with volume, upside toward $2,700+ becomes possible.
Bearish scenario: Losing $2,366 could trigger a deeper correction toward $2,300, with $2,200–$2,100 as stronger lower support.
⚠️ Macro remains a headwind: rising Treasury yields and hawkish Fed expectations are pressuring risk assets.
My view: 🟡 Neutral/Bullish above $2,366, but I would avoid chasing until ETH confirms a breakout above $2,500–$2,550. $ETH
ETH: around $2,420–$2,450
ETH is pulling back after rejection near the $2,500–$2,550 resistance zone.
🟢 Support: $2,400 → $2,366
🔴 Resistance: $2,500 → $2,545–$2,550
Bullish scenario: If ETH reclaims $2,500 and breaks $2,550 with volume, upside toward $2,700+ becomes possible.
Bearish scenario: Losing $2,366 could trigger a deeper correction toward $2,300, with $2,200–$2,100 as stronger lower support.
⚠️ Macro remains a headwind: rising Treasury yields and hawkish Fed expectations are pressuring risk assets.
My view: 🟡 Neutral/Bullish above $2,366, but I would avoid chasing until ETH confirms a breakout above $2,500–$2,550. $ETH