Ethereum price rebounds 3% as CPI lifts ETH above $1,900

Ethereum price rebounded from $1,850 to trade above $1,900 on Aug. 12 as softer U.S. inflation data supported risk appetite and buyers returned near a key support zone. Summary Ethereum price rose about 3% from $1,850, reaching an intraday high near $1,918. ETH reclaimed its 20-day and 100-day moving averages, strengthening the short-term recovery. 4-hour resistance sits at $1,925, followed by a large liquidation cluster around $1,950. Losing $1,887–$1,890 could expose $1,850 and weaken the latest bullish setup. Ethereum price action today According to data from crypto.news, Ethereum (ETH) price traded near $1,916 at the time of writing after moving between an intraday low of $1,880 and a high of $1,918, according to the Binance daily chart. Buyers stepped in after ETH briefly revisited the $1,850 region on Aug. 11. The rebound carried the token back through $1,900, a level that had repeatedly limited recovery attempts during the previous week. Cooling U.S. inflation data added support to the move by improving demand for risk assets. A softer Consumer Price Index reading can strengthen expectations for easier Federal Reserve policy, although the timing of any rate change remains de...