Ethereum Stuck at Triangle Apex as Five-Week Inflow Base Faces ETF Outflow
Ethereum (ETH) started the new week at $1,878.72, stuck in its tightest trading range of months and experiencing its first negative ETF week in over a month.
The daily chart shows ETH sitting exactly at the apex of a symmetrical triangle formed between the July highs and the August pullback lows.
Every push above $1,930 was rejected, while every dip toward $1,855 found buyers, resulting in the tightest weekly compression of 2026.
The Parabolic SAR at $1,919.69 and the 100-day EMA at $1,918.38 form a tight resistance cluster just above, while the 50-day EMA at $1,864.56 is the first support below.
Ethereum spot ETFs posted a net outflow of $2.26M for the week ending August 14, snapping five consecutive weeks of net inflows that brought in a total of $11.45B.