Will Ethereum be at or above $2,450 on Aug 29?
Ether has slipped below the threshold amid heavy selling and stretched momentum, so a $2,450-or-higher price at the deadline is unlikely.
Ether is close enough to the threshold for a late rebound, but the latest quote is below it after a sharp retreat from the low $2,500s. Heavy spot selling, long liquidations and previously overbought readings favor continued weakness during the remaining hours. Strong fund inflows and a positive Coinbase premium keep the upside live, but they have not prevented the latest decline, making a qualifying price less likely than a sub-threshold finish.
- Ether is already below the required level, leaving it dependent on a late recovery while the immediate trend points downward.At 15:18 UTC on August 29, Ether traded at $2,435.51 after ranging from $2,418.11 to $2,520.20 over the preceding 24 hours.
- Aggressive spot selling and futures weakness increase the risk that rebound attempts are sold before the deadline.At 23:33 UTC on August 28, Ether had fallen from the low $2,500s to the low $2,400s alongside roughly 40,000 ETH of net taker spot selling, falling spot CVD and deeply negative futures CVD.
- Stretched momentum after the recent rally leaves Ether vulnerable to further profit-taking during the short remaining window.On August 28, Ether's daily RSI was 75.79 while shorter-term momentum was neutral to soft and the 15-minute EMA20 had slipped below EMA50.
- Strong investment-fund demand could supply enough dip buying to produce a late recovery above the threshold.At 14:02 UTC on August 28, reported Ethereum-fund inflows totaled 88,938 ETH for one day and 338,771 ETH over seven days.
- A recently positive US trading premium suggests improving demand that could amplify an afternoon rebound.At 16:56 UTC on August 28, the Ether Coinbase premium had reportedly remained positive for three consecutive days.
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