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Ethereum risks dropping to $1,800 as bearish pressure persists amid rising oil prices and inflation concerns.

Market News
30 Mar 2026
FXEmpire
View Source
Bearish
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Ethereum (ETH) briefly rose above $2,000 but faces bearish pressure that could push it down to $1,800, driven by rising oil prices above $100 and inflation fears. Trading volumes surged 150%, signaling active market participation, but technical indicators like the MVRV ratio and RSI suggest a local bottom may be near, with $1,800 as a likely support level. If ETH falls below $1,800, the next support could be $1,450, but a move above $2,150 could trigger a bullish reversal. Investors should watch oil prices and Federal Reserve actions closely as they influence ETH's near-term outlook.

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