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

ETH

ETH/USDT

$1,879.83

-0.10%

$1,879.83

-0.10%

(24s)

24h Volume

$1,611,368,321.12

24h H/L

$1,886.58 / $1,877.01

Change: $9.57 (0.51%)

Long/Short

66.9%

Long: 66.9%Short: 33.1%

Funding Rate

+0.0042%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,880.82

▼ -0.10%

Volume (24h): -

Resistance Levels

Resistance 3$2,047.57

Resistance 2$1,932.92

Resistance 1$1,886.51

Price$1,880.82

Support 1$1,853.62

Support 2$1,792.05

Support 3$1,712.62

Pivot (PP):$1,881.75

Trend:Sideways

RSI (14):50.7

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.