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Ethereum struggles below $1,900 amid debate on EIP-8361 and key resistance levels.

Technical Signals
05 Aug 2026
Crypto news
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Neutral
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Ethereum price hovered near $1,868 on August 5, unable to break above the $1,900 resistance since late July. Key resistance levels lie between $1,887 and $1,918, with a descending channel suggesting a breakout above $1,875 could lead to a retest of $1,900. Meanwhile, Ethereum developers are debating EIP-8361, a proposal to burn validator rewards progressively as staking increases, which could impact long-term supply but lacks immediate price impact. The next critical move for Ethereum is to surpass the $1,918-$1,940 range to trigger bullish momentum toward $2,000, while failure to hold support near $1,800 could lead to further declines.

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