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Ethereum price drops 2.6% below $1,900 amid resistance and U.S. inflation concerns

Technical Signals
11 Aug 2026
Crypto news
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Bearish
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Ethereum price fell 2.6% to around $1,870 after failing to hold above the $1,900 resistance level, triggered by long liquidations and cautious trading ahead of the U.S. inflation report. Key support is at $1,850, while resistance remains strong between $1,900 and $1,950. The upcoming U.S. Consumer Price Index data will likely influence Ethereum's next move, with a hotter inflation reading potentially pressuring prices and a softer reading possibly boosting recovery attempts. Institutional demand remains steady but has not yet pushed prices above resistance.

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