Sunday, August 23, 2026

Ethereum ↓ -0.67%

Smart Money Concepts analysis of Ethereum for 2026-08-23. Open $2,439.65, close $2,423.41, intraday range of 4.52% ($2,361.13-$2,467.9).

Open

$2,439.65

High

$2,467.9

Low

$2,361.13

$2,423.41

Smart Money Concepts read

Ethereum closed in bearish mode with light momentum. The 4.52% intraday range reflects strong institutional activity (volume $20.5B).

Structure: Consolidation, possible accumulation before impulse.

vs 7-day MA: close is above the 7-day MA ($2,097) by +15.58%.

Analyses computed from CoinGecko data (open, high, low, close, volume). Full SMC framework : pillar guide.