Ethereum Price Fluctuates Around $1.800: What Now?

The Ethereum price is currently at $1.800, a modest increase of 0.4% over the past 24 hours. Despite the sideways movement, analyst TedPillows still sees opportunities for a short-term recovery, provided a key support zone remains intact.

Ethereum is available at OKX and Bybit.

Ethereum Holds Above February Lows

What gives TedPillows confidence is that Ethereum is still trading above the February 2026 lows. This indicates that the market structure is not completely broken, despite the sharp decline earlier this year. On the daily chart, it is clear that $1.800 forms an important level that has been tested multiple times.

According to the analyst, the key at this point is the support zone around $1.750. As long as ETH closes above that level, the short-term upward trend remains intact. A break below opens the door to lower levels, with the chart showing zones towards $1.560 and even $1.445 as potential next support points.

Resistance Levels Determine the Next Move

On the upside, there are several clear obstacles. The zone around $1.873 serves as the first resistance, followed by the $2.009 to $2.030 area. Only a recovery towards $2.400 would signal a significant reversal of the downtrend that has been in place since early 2026.

For now, TedPillows’ chart shows multiple scenarios. In the bullish case, ETH works its way up from current levels towards $1.873, then retests and moves higher again. In the bearish case, the price drops to the $1.560 zone or lower, towards $1.445, before a more significant recovery begins. The Ethereum market is thus at a crucial crossroads that should provide clarity in the coming days.