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Ethereum holds the support level of US$1800, with net inflow of spot ETFs reaching US$9 million

2026-08-03 00:31:53
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Ethereum remains above key support level, with technical and ETF inflows attracting attention

Ethereum continues to remain above a key support level, as traders and institutional investors pay close attention to the cryptocurrency for potential signals of its next major trend. As of the latest trading session, Ethereum (ETH) was trading at $1,866.89, up 0.08% in the past 24 hours. Trading volume reached US$15.72 billion, with a total market value of US$225.3 billion. According to industry data, Ethereum currently accounts for 10.39% of the total cryptocurrency market share.

Technical Outlook: Support is stable, resistance is in focus

Analyst Crypto Patel pointed out that Ethereum's short-term direction depends on whether prices can remain above key support areas. Patel believes the $1800 level is particularly important; if it breaks below this zone, the next downside target may point to $1600, so the current price range is significant to traders.

On the four-hour chart, Ethereum continues to form higher highs and higher lows, indicating that the current pullback may be just a normal adjustment to the $1800 to $1850 range, where buying interest may surge.

If prices remain above the US$1800 mark, analysts believe there is still upside potential. However, a break below this support level could trigger more selling. As a result, market participants are focusing on continued movements in any direction to establish clear trends.

If buying momentum strengthens, Ethereum may face resistance near $1925. After breaking through this level, the next key resistance level is between $1980 and $2000. US$2000 is psychologically and technically important. If we break through this area, it is expected to open the path to US$2100 and become the next target.

Key Level

Type : Level , Importance
Support Level: US$1800, main level to be held for bullish prospects
Resistance Level: US$1925, first upside target
Resistance Level: US$2000, main psychological level
resistance level: US$2100, next important upward target
support level: US$1600, target that may be hit if the support level fails

Ethereum spot ETF capital inflows enhance institutional confidence

Recent data shows a positive change in institutional sentiment. According to data shared by AskClash, Ethereum spot exchange-traded funds (ETFs) had a net inflow of $9 million. This growth continues the trend of improving fund flows in this area.

Among various products, Bitwise's ETHB led the way with a net inflow of US$15.4 million, while several other competing ETFs experienced smaller outflows. Judging from the 30-day cumulative data, the overall ETF net flow is still slightly negative at US$8 million, suggesting that institutional demand is stabilizing.

The development of ETFs is increasingly important to Ethereum, as continued net inflows often indicate that confidence is rising among large market participants. If capital inflows and technical support continue simultaneously, it may provide further upward momentum for ETH in the coming weeks.

Mini Dictionary: ETF (Exchange Traded Fund), a tradable security that tracks the price of underlying assets such as Ethereum and can be bought and sold on traditional stock exchanges.

Looking ahead, traders and investors are concerned about whether Ethereum can remain above the US$1800 support level. If this level is successfully held, it may further test $2000 and $2100; if it falls, the price may fall to around $1600.

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