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

ETH

ETH/USDT

$2,482.65

+1.14%

$2,482.65

+1.14%

(24s)

24h Volume

$4,293,295,395.94

24h H/L

$2,485.34 / $2,444.47

Change: $40.87 (1.67%)

Long/Short

60.0%

Long: 60.0%Short: 40.1%

Funding Rate

+0.0022%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,477.84

▲ 0.90%

Volume (24h): -

Resistance Levels

Resistance 3$3,005.72

Resistance 2$2,855.08

Resistance 1$2,516.30

Price$2,477.84

Support 1$2,448.56

Support 2$2,316.57

Support 3$2,190.00

Pivot (PP):$2,478.04

Trend:Uptrend

RSI (14):63.9

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.