ETHEREUM Market Analysis for August 31, 2026
Ethereum momentum has stalled at the full margin zone of the current bullish cycle. We have seen a retracement down to the 1/4 level.
The primary upside targets remain 2800 and 3000, though volume levels near the 1/2 correction zone from the recent high are concerning. Price action may dip into the 2000-2200 range to sweep liquidity.
Monitor the breakout direction from this accumulation zone.