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Ethereum price stalls below $2,000 as whale selling and low trading volume weigh on momentum.

Technical Signals
12 Aug 2026
BeInCrypto
View Source
Neutral
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Ethereum's price has repeatedly failed to break above $1,915, stalling below the $2,000 mark despite a general bullish pattern. While capital locked in DeFi apps has increased, trading volume on decentralized exchanges has dropped significantly, indicating reduced demand. Large holders (whales) have sold about $3 billion worth of ETH recently, weakening the buying momentum. The key resistance level at $1,915 is critical; a sustained break above it could renew optimism, while a drop below $1,875 may shift the trend to neutral or bearish.

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