Ethereum Faces Downside Pressure as $1,800 Becomes Critical Support Level

Ethereum remains under selling pressure as market analysts warn that the second largest cryptocurrency could face another decline if key support levels fail to hold. Traders are now closely watching the $1,800 price area, which many believe could decide Ethereum’s next direction.

Ethereum Price Faces Downside Risks Amid Weak Market Signals

Several market indicators suggest Ethereum may continue struggling in the short term. Analysts point to high leverage in the futures market and continued positive funding rates despite falling prices, a combination often seen in fragile market conditions.

RSI and Selling Pressure Raise Concerns

Ethereum’s RSI recently dropped near 31, its lowest level in months, signaling weak momentum but not yet confirming a recovery.

Heavy sell-side pressure has also emerged on Binance, where cumulative net taker volume dropped to nearly negative $744 million, its weakest reading since early April. Analysts say this suggests derivatives activity is driving price action more than actual spot demand.

$1,800 to $1,750 Zone Becomes Key for Ethereum

After falling below the important $2,000 level, Ethereum traders are now watching the $1,800–$1,750 support range closely. Some analysts believe holding this area could stabilize prices, while a breakdown may trigger a deeper correction toward $1,500 or lower.

Ethereum spot ETFs in the United States have also recorded 13 straight days of outflows, totaling around $695 million, reflecting weaker institutional demand during the recent market decline.