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Ethereum (ETH) Price: Bull Flag Forms at Resistance as ETF Inflows Hit $1.85B in August

CoinCentral·September 5, 2026·1 min read
Ethereum (ETH) Price: Bull Flag Forms at Resistance as ETF Inflows Hit $1.85B in August

ETH corrected from $2,546 to around $2,438 as rising rate-hike expectations weighed on risk assets. US Nonfarm Payrolls came in at 162K in August, well above the 56K estimate, pushing Fed rate-hike odds to 60%. Ethereum's MVRV ratio crossed above 1.00 on August 21.

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