Ethereum
$ETH Market Update | Aug 28, 2026
Price: $2,491.15 | Market Cap: $299.7B | 24h:-2.51%
Key Highlights:
-
$ETH erased 4 months of losses this week with a 31% rebound, now consolidating near $2,464 resistance
- Analysts see near-term range of $2,200 - $2,450 before next move
- Break above $2,464 could target $2,775 - $2,825, then $3,040 - $3,070
- Drop below $2,200 would weaken bullish sentiment
- Spot ETH ETFs saw 6 days of net inflows, total assets now above $10.5B
- 2026 forecasts: $8,000 target from major institutions, with consolidation expected between $4,350 - $9,900
Outlook: Momentum remains strong but RSI is overbought. Watch $2,431 support and $2,678 resistance for direction.
Not financial advice. DYOR.
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