Ethereum enters the new week at $1,878.72 after trading in a 50 to 70 point range throughout the previous week, its tightest compression of 2026. The daily chart shows a symmetrical triangle at its apex, signaling that a directional move may be imminent.
Spot ETH exchange-traded funds posted a $2.26 million weekly outflow for the week of August 14, ending five consecutive weeks of net inflows. That shift marks the first negative ETF week in more than a month and adds to the uncertainty around Ethereum's next move.
Analyst Crypto Rover flagged that Ethereum sell pressure is at its lowest level ever recorded, below even the 2022 bear market bottom. The key question is whether record-low sell exhaustion attracts buyers or whether a final flush clears the way before a more durable recovery.
