Ethereum’s price has faced a resistance wall at $1,915, rejected seven times since July, keeping the cryptocurrency below the symbolic $2,000 threshold. Monthly DEX volume dropped 42% between April and July, while DeFi TVL increased 7.8% to nearly $42 billion and staking reached a record 33.98% of supply. Whales sold approximately $3 billion in ETH between August 10 and 14, reducing holdings from 125.44 million to 123.86 million units outside exchanges. This combination of large-holder disengagement and weak trading volumes leaves ETH structurally supported but tactically fragile.
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