ETH Struggles to Break Higher Despite Strong ETF Inflows: A Breakout Ahead?

• ETH remains range-bound as sellers defend $1,900 while buyers protect $1,850.
• Ethereum ETFs recorded five consecutive weeks of inflows despite limited price momentum.
• A break above $1,950 could target $2,050, while losing $1,850 risks $1,700.

Ethereum — ETH, continues to face selling pressure despite strong institutional demand. ETH recently tested $1,920 before falling back toward $1,875. Buyers have defended $1,850 throughout the recent trading range. However, sellers continue blocking moves above $1,900. Meanwhile, spot Ethereum ETFs have posted five straight weeks of inflows. That steady demand raises an important question for traders. Can ETH finally escape the range and start another sustained rally?

Ethereum Faces Resistance Despite Steady ETF Demand

ETH currently trades near $1,875 after another failed breakout attempt. Sellers rejected the price near $1,900 and $1,920. Buyers have repeatedly defended support around $1,850. This battle has kept Ethereum inside a narrow August range. The technical picture also shows limited bullish momentum. ETH trades below the 20-day moving average near $1,881.

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