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Ethereum's $1,820 level critical for deeper sell-off or rebound, analyst warns bearish trend persists.

Technical Signals
05 Aug 2026
Dailycoin
View Source
Bearish
Ethereum's $1,820 level critical for deeper sell-off or rebound, analyst warns bearish trend persists.

An analyst from More Crypto Online warns that Ethereum's recent rebound is likely corrective, not a strong recovery, with the $1,820 level being crucial. Despite holding above a key trend line, the broader trend remains bearish, with resistance near $2,045 testing bullish strength. If ETH falls below $1,820, it could trigger a deeper sell-off targeting $1,500 and $1,400, with $1,000 as major support. The analyst compares the current pattern to previous bear-market rallies that ended in sharp declines, suggesting lower prices are more probable unless a strong upward impulse emerges.

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