Ethereum (ETH) Price: Biggest ETF Inflow Week in 4 Months - Can ETH Break $2,000?

TLDR

• Ethereum is trading around $1,910–$1,918, holding above the key $1,900 level
• US spot ETH ETFs saw $92.15 million in net inflows on Aug. 6, with weekly inflows the largest in nearly 4 months at $244.94 million
• ETH is now trading above its 20, 50, and 100-day moving averages, but remains below the 200-day at $2,061
• A weaker-than-expected US jobs report eased Fed rate hike fears, boosting risk assets including crypto
• Analysts point to $2,000 as the next key target, with $1,900 the line between bullish and bearish short-term scenarios

Ethereum is trading at roughly $1,910–$1,918. The price has held above the $1,900 psychological level after a steady climb through the week.

ETH is up more than 4% on the week. Buyers have defended the $1,840–$1,850 region consistently since the start of August, stopping any deeper pullback.

The price is now above three key daily moving averages. ETH sits above its 20-day average at $1,895, its 100-day at $1,911, and its 50-day at $1,796. The one lagging indicator is the 200-day moving average, which sits at $2,061. ETH remains below that level.

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