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Ethereum Price Analysis: Is ETH’s $2K Dream Dead After the Latest Rejection?

CryptoPotato·August 11, 2026·1 min read
Ethereum Price Analysis: Is ETH’s $2K Dream Dead After the Latest Rejection?

Ethereum is consolidating around $1.8K after recovering from June lows, but the broader structure remains under pressure. ETH trades below important moving averages, and the 4-hour chart shows the recovery has entered a range. The exchange supply ratio continues to decline, pointing to potential accumulation.

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