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$ETH Latest Analysis — August 21, 2026

Ethereum (
$ETH ) is showing strong bullish momentum, trading around $2,300–$2,360 after a sharp rally from roughly $1,800 earlier this week. ETH has gained more than 30% during the move and is now testing the important $2,400 resistance zone. (TradingKey)

📈 Bullish scenario: A clean breakout and daily close above $2,400 could open the way toward $2,700–$2,800.

⚠️ Risk: Momentum is becoming stretched, so a pullback toward $2,300 or $2,128 would not be surprising. Holding above $2,300 would keep the short-term structure bullish.