Ethereum Price Prediction: ETH Retests Triangle Breakout as Tom Lee Flags First Cloud Break Since October
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ETH trades at $1,914.37 on August 19 (down 0.12%) and is retesting a confirmed triangle breakout as support near $1,900–$1,920 and the 100-day EMA, with Fundstrat’s Tom Lee noting ETH sits about 3.5% below a technical level it has not broken since October 2025. Market and on-chain flows show institutional demand—Ethereum ETFs drew $71.47M on August 18 while Bitcoin ETFs recorded a $389.71M outflow the prior week, and BitMine disclosed holdings of 5,815,164 ETH (roughly $11B) in an $11.4B portfolio—signaling growing crypto adoption and potential bullish pressure for ETH.
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- ETH trades at $1,914.37 on August 19, down 0.12%, retesting a broken triangle trendline near the 100-day EMA
- Ethereum ETFs pulled in $71.47M on August 18, while Bitcoin ETFs posted a $389.71M outflow the week prior
- BitMine now holds 5,815,164 ETH worth roughly $11 billion, part of an $11.4 billion total portfolio disclosed August 17
The Ethereum price prediction turned constructive today, with ETH retesting a confirmed triangle breakout near $1,914 as Fundstrat’s Tom Lee flags that ETH sits just 3.5% below a technical level it hasn’t broken since October 2025.
Ethereum Price Analysis: ETH Breaks Triangle, Retests as Support
ETH broke above the descending resistance line of a symmetric triangle that’s been building since early July, and price is now retesting that broken trendline as support near $1,900 to $1,920.…
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