Saturday, 29 August 2026

Ethereum Must Hold This Level to Avoid a Deeper Pullback

Ethereum Elliott Wave analysis for August 29, 2026 - Ethereum (ETH) is trading around $2,430 to $2,444, marking a roughly 3% decline over the past 24 hours as the market undergoes short-term profit-taking after its massive push past $2,500 earlier in the week. Visit Trading Platform >>

Ethereum (ETH) Price News & Insights Today 29-8-2026 - Technical analysis, focusing on market structure, key support and resistance zones. Video by More #Crypto Online.



Ethereum Insights Today

-Upgrade Timelines: Core developers have mapped out the implementation of the Glamsterdam hard fork for the fourth quarter of 2026, aiming to introduce parallel execution and lower state-heavy operation costs.

-Institutional Sentiment: Spot Ethereum ETF inflows have started showing signs of cooling off at these higher price points, leading to defensive posturing among institutional desk traders.

-Macro Headwinds: Crypto markets are moving defensively due to an overarching risk-off environment prompted by higher U.S. Treasury yields and strict macroeconomic outlooks. Buy Ethereum >>