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Ethereum price drops below $1,750 amid bearish signals and geopolitical tensions, eyeing $1,650 support.

Technical Signals
08 Jul 2026
Crypto news
View Source
Bearish
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Ethereum fell below $1,750 after failing to break resistance near $1,800, forming a bearish rounding-top pattern with weakening momentum. Despite four days of spot ETF inflows indicating institutional demand, renewed selling and geopolitical tensions have pressured the price. Technical indicators suggest a move toward $1,650 support, with a break below $1,700-$1,720 likely to trigger more liquidations. Recovery above $1,800-$1,806 is needed to reverse the bearish trend.

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