#ETH Market Analysis
ETH is at 2,435.17 on the daily, cooling off after a sharp breakout from the August triangle near 1,890, still holding well above the pattern with the longer term descending trendline from November now just overhead near 2,600.
Bull case: hold above 2,250 and clear the descending trendline near 2,600, opening a path back toward 3,000.
Bear case: fade back below 2,010, giving back the recent breakout gains.
Breakout continues toward the trendline, or does it fade from here?
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Bitcoin Bullets® Trading
August 29, 2026 4.1K 6
