ETH: Trader Eyes Bounce From $900-$1.1k Zone

ETH trader @CryptoKing4Ever posted on August 8 2026 that he is waiting for a bottom between $900 and $1.1k before expecting a move higher from major support.

Price sits at $1921.56 above both the EMA50 at $1894.1 and EMA200 at $1838.74 while the MACD registers a golden cross at 10.42; with the market pressing the upper Bollinger Band at $1937.44 and RSI at 61.31, the structure points to limited room before a healthy retracement toward the 50-EMA support at $1894.1 becomes probable ahead of further continuation in this ETH price prediction setup.