According to CoinMeta, the price of Ethereum approached $1,905 on August 18 and is currently constrained by a resistance level at $1,920. The price of Ethereum has fluctuated within the range of $1,885.78 to $1,914.38 over the past 24 hours, with a daily decline of about 0.5%. Analysts point out that Ethereum's price trend has formed a symmetrical triangle, and breaking through the $1,920 resistance level could trigger a more substantial upward movement. Analysts Micha ël van de Poppe indicate that once the $1,920 resistance level is broken through, a strong trend towards $2,000 is expected.