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Ethereum holds above $1,800 support as ETFs see $9M inflows, signaling cautious optimism.

Analyst Insights
03 Aug 2026
Blockonomi
View Source
Neutral
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Ethereum is trading steadily at $1,866.89, just above a key support zone of $1,800-$1,850 that analysts say is crucial for its short-term direction. A drop below this range could lead to a decline toward $1,600, while holding it may push prices toward resistance levels at $1,925 and $2,000. Meanwhile, spot Ethereum ETFs recorded $9 million in net inflows, led by Bitwise’s ETHB fund, indicating stabilizing demand from institutional investors. Traders are closely watching these support and resistance levels for Ethereum's next move in the coming sessions.

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