Ethereum Price Structure ‘Weakening’ as Traders Focus on $1.8K Support

ETH

ETH/USDT

$2,697.37

+0.33%

$2,697.37

+0.33%

(24s)

24h Volume

$10,572,033,069.79

24h H/L

$2,743.00 / $2,668.84

Change: $74.16 (2.78%)

Long/Short

60.3%

Long: 60.3%Short: 39.7%

Funding Rate

+0.0014%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,690.81

▼ -0.03%

Volume (24h): -

Resistance Levels

Resistance 3$3,143.74

Resistance 2$2,778.89

Resistance 1$2,700.65

Price$2,690.81

Support 1$2,681.00

Support 2$2,314.75

Support 3$2,159.67

Pivot (PP):$2,700.65

Trend:Uptrend

RSI (14):63.5

Cointelegraph Staff

(03:50 PM UTC)

1 min read

Verified byJames Mitchell

0 comments

Market analysts say Ether (ETH) still faces “downside pressure” that could trigger another ETH price sell-off as traders shift their focus to support at $1,800.

Key takeaways:

Ether faces downside pressure as elevated leverage and positive funding rates amid falling prices signal fragile market conditions.
Analysts say ETH must hold the $1,800-$1,750 support zone to avoid a deeper correction.