Ethereum Price Prediction: ETH Retests Triangle Breakout as Tom Lee Flags First Cloud Break Since October
- 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 Fundstratโs Tom Lee flags that ETH sits just 3.5% below a technical level it hasnโt broken since October 2025.
Ethereum Price Analysis: ETH Breaks Triangle, Retests as Support
ETH broke above the descending resistance line of a symmetric triangle thatโs been building since early July, and price is now retesting that broken trendline as support near $1,900 to $1,920.โฆ
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