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Ethereum price dips below $1,900 after failing to break $2,000 resistance amid tech sell-off.

Market News
24 Jul 2026
Blockonomi
View Source
Bearish
Ethereum price dips below $1,900 after failing to break $2,000 resistance amid tech sell-off.

Ethereum price dropped to around $1,880 after sellers blocked its recovery below the key $2,000 resistance level, erasing part of its recent rebound from $1,560. The decline was influenced by a broader tech stock sell-off and rising risks from leveraged trading, with open interest hitting its highest since early June. Despite continued inflows into Ethereum ETFs, selling pressure in spot markets persists. The critical support zone between $1,850 and $1,880 will be key to maintaining the recovery, with a potential rebound toward $2,060 if this level holds. However, short-term momentum remains bearish, and a break below $1,850 could lead to further declines toward $1,730-$1,750.

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