Ethereum price traded near $2,450 on Aug. 26 after a sharp weekly rally stalled below $2,550, while its 4-hour chart formed a potential bull flag that could decide the next major move.
ETH sits at $2,465 after rejection at $2,513, with overbought signals pointing to a possible drop toward $2,365-$2,415 support.
The second-largest cryptocurrency by market capitalization has experienced a remarkable surge exceeding 30% since the third week of August, bringing its valuation close to the psychologically significant $2,500 threshold. While momentum appears to be moderating, multiple technical and fundamental metrics continue to signal bullish sentiment.
Bitmine is making another aggressive bet on Ethereum, with fresh on-chain activity suggesting the company is getting closer to its goal of owning 5% of the entire ETH supply.
Ledger has closed a flaw in its Ethereum app that let a malicious application swap the reviewed transaction for a different one. Anyone holding Ether or ERC-20 tokens on the device should check the app version and clear out old token approvals.
Ethereum price traded near $2,478 on Aug. 25 after gaining roughly 30% over seven days, but an overbought daily reading and concentrated liquidity around $2,500–$2,550 could decide whether the rally extends toward $3,000 or enters a deeper pullback.
The surge in Ethereum's implied volatility highlights increased market uncertainty, influencing strategic options trading and potential profit opportunities. Paradex reports ETH 1-week implied volatility doubles to 67%, boosting September call strategies.
EIP-8148 would allow thresholds from 32 ETH to 2,048 ETH, while standard withdrawal and exit mechanics remain intact.
Ethereum's recent strength against Bitcoin has reignited debate over whether an altcoin rotation may be approaching.
Ethereum has staged a decisive breakout from the multi-week consolidation structure, with ETH now trading just below $2.5K after reclaiming several important resistance levels. The move has significantly improved the higher-timeframe structure, although momentum has become stretched and ETH is currently testing a major resistance zone.
Ethereum (ETH) price remains below the resistance at $2,500 despite rising by 30% since August 19. While the rally is cooling off, Bitmine's Chairman Tom Lee has flagged a bullish setup on Ethereum's chart as ETH's funding rate on Binance surges to the highest point in one year.
The Ethereum Foundation's push to advance post-quantum readiness on the network's mainnet got a new chapter on August 24 as a contributor presented a draft plan to integrate quantum-safe keys into the contract validators use to join the network.