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Ethereum eyes 70% rebound as institutional buying and ETF inflows return amid price recovery setup.

Technical Signals
11 Aug 2026
FXEmpire
View Source
Bullish
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Ethereum's price has dropped over 60% from its 2025 peak but is showing signs of a potential major rebound. The cryptocurrency is currently trading near $1,870 within a falling wedge pattern, which often signals a bullish reversal if broken upward. Institutional demand is returning, highlighted by $230 million inflows into US spot Ethereum ETFs in August and continued accumulation by BitMine Immersion Technologies, which recently added over 35,000 ETH. A breakout above $2,300–$2,500 could lead to a 70% rally toward $3,300, but Ethereum must first reclaim key resistance levels around $1,930–$2,000 to confirm the recovery.

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