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Ethereum faces selling pressure, hovering between $1800-$1960 ahead of key U.S. inflation data.

Market News
11 Aug 2026
AMBCrypto
View Source
Neutral
Ethereum faces selling pressure, hovering between $1800-$1960 ahead of key U.S. inflation data.

Ethereum (ETH) has experienced increased selling pressure on exchanges throughout August, with net outflows and a price dip from $1920 to $1875 on August 10. Institutional demand softened slightly ahead of the U.S. inflation report scheduled for August 12, which could influence Federal Reserve rate decisions and impact ETH's price. Traders are watching the $1800-$1960 range closely, with potential downside targets at $1700 if inflation data disappoints, or a rebound toward $2000 if inflation cools. Market sentiment remains uncertain, making the inflation data a crucial catalyst for ETH's near-term direction.

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