Ethereum holds $1,800 support as traders monitor key resistance levels

Ethereum is holding above a critical support level at $1,800–$1,850 as traders assess the next direction for the asset. The coin is priced at $1,866.89, up 0.08% over 24 hours, with 24-hour trading volume at $15.72 billion and a market cap of $225.30 billion.

Analyst Crypto Patel has identified the $1,800–$1,850 range as key support that will determine Ethereum's near-term path. If the coin breaks below that zone, selling could accelerate toward $1,600. On the four-hour chart, Ethereum has been printing higher highs and higher lows, suggesting the current pullback is normal if the support holds.

If buyers defend this range, resistance areas above offer potential targets. The first sits at $1,925, followed by $1,980–$2,000, which traders monitor closely both as a round number and a technical level. A move above $2,000 would signal buyers have regained control, with $2,100 as the next target.

Spot Ethereum ETFs recorded $9 million in net inflows, with Bitwise's ETHB fund leading with $15.4 million in additions. While some other ETH ETFs posted modest outflows, the broader picture shows stabilisation. The 30-day net flow for ETH ETFs stands at negative $8 million, a small gap suggesting institutional demand is steadying after recent weakness.