Ethereum price fell to $1875, the $1900 mark suppressed rebound

Ethereum price fell below $1900, and the $1850 support level became focus

After sellers rejected their latest attempt to break through $1900, the Ethereum price has fallen back to about $1875, bringing the clearing clusters in and around the $1850 support area into the spotlight.

Summary

Ethereum prices traded around $1875 after failing to hold the psychological barrier of $1900. The daily RSI fell to 49.72 and ETH remained below the 20-day moving average and 50-day moving average. Clearing liquidity is concentrated in the US$1,925 - 1,950 region, and the downward cluster is located around US$1,840 - 1,860. The U.S. spot Ethereum ETF achieved net inflows for the fifth consecutive week, totaling US$245 million.

Ethereum price lost momentum below US$1900

Ethereum price traded at US$1,874.90 on August 14, hitting a low of US$1,869.32 during the day and a high of US$1,891.30. As of the time the chart was taken, the asset fell 0.6% on the day. The decline continued ETH's failure to hold on to the $1900 level, which has triggered multiple sell-offs in August. Prices briefly exceeded $1920 earlier this week, before falling back to the $1,870 - 1,890 range.

Profit-taking around $1900 kept Ethereum in a narrow range rather than forming a clear trend. Buyers made defensive purchases around $1850, but each rally encountered resistance as it approached $1920.

Liquidation levels may drive two-way fluctuations in ETH

CoinGlass's week-long liquidation heat chart shows that there are multiple large liquidity concentration areas above the current price of Ethereum. The strongest visible band is located near US$1,940 - 1,950, with another significant cluster near US$1925. Leveraged short positions could become fragile if Ethereum regains $1900 and continues to move into these areas. Prices entering this cluster may force short positions to close, increase market buying and accelerate the rebound. ETH must first break through immediate resistance around $1,890 - 1,900. If the breakthrough fails, the upper liquidity band will remain intact and the market will face the risk of testing support again.

Below the current price, the heat map shows active liquidity around US$1,855 - 1,860 and a larger band around US$1,835 - 1,845. If sellers decisively push ETH below $1850, these areas may attract prices. As a result, the heat map shows Ethereum is between competitive pools of leveraged positions. The nearest downward-intensive area is about $20 from current prices, while the largest upward-cluster is located above about $65 -75. A break below $1850 could trigger long liquidations and drag ETH towards $1840. Conversely, a closing above $1900 would open the way to $1925, followed by the denser $1,940 - 1,950 area.

Ethereum indicators perform mixed around key support levels

The daily chart of Ethereum shows a neutral and weak pattern. The relative strength index is 49.72, which is lower than its signal average of 52.55 and slightly lower than the neutral level of 50. ETH also traded below its 20-day simple moving average ($1,881.11) and 50-day moving average ($1,893.64). Both moving averages currently pose immediate resistance in the same areas where recent rebounds have stalled. The asset is still above its 100-day moving average ($1,825.60), maintaining the medium-term recovery since June. However, a loss of $1850 would narrow the distance between the price and the 100-day moving average and expose the $1,825 - 1,840 area. Long-term resistance is much higher. The 200-day moving average is at $2,025.24, indicating that Ethereum has not reversed the sharp downward trend that began with its April and May highs above $2300.

On the 4-hour chart, the Aroon Up indicator recorded 64.29%, while Aroon Down was 14.29%. This gap suggests that the structure of the recent rebound has not completely disappeared, although price movements have not yet confirmed new upward momentum. Cai Jin's money flow indicator is-0.01, indicating that buying and selling pressures are almost balanced and the selling strategy dominates. This reading supports the view that Ethereum lacks sustained capital inflows to achieve a firm breakthrough.

Analysts see $1850 as a level that Ethereum must hold

Cryptocurrency analyst Ted Pillows said Ethereum remained above the $1850 support area, which he described as a "level that must be held" if the asset is to maintain its recent gains. His chart shows the first upward resistance around $1955, followed by $2050 and $2190. On the downside, if a loss of US$1850 is lost, it may expose about US$1700 first, and then a larger support area around US$1550. Analysts 'levels are basically in line with the daily chart, with the 100-day moving average at around $1826. Continued below $1850 and that moving average will weaken the recovery that has been established since the end of June.

Meanwhile, MN Trading founder Michaël van de Poppe said that Ethereum is strengthening relative to Bitcoin and the ETH/BTC trading pair is approaching the 0.03 level. He predicted a possible liquidity wash if Bitcoin tests lower, but said that as Bitcoin consolidates and altcoins perform stronger, the relative trend remains clear. Ethereum's strength against Bitcoin has not eliminated its resistance to dollar pricing. ETH still needs to regain US$1900 and clear the dense US$1,925 - 1,950 liquidity area before its short-term structure can turn more constructive.

U.S. ETF inflows provided support but failed to lead to a breakthrough

According to SoValue data, the U.S. spot Ethereum exchange-traded fund recorded a net inflow of US$245 million during the trading week from August 3 to 7, extending its record of consecutive positive inflows to five weeks. BlackRock's ETHA accounted for approximately $203 million of the weekly total, while Fidelity's FETH attracted approximately $24.2 million. Gray ETHE recorded a net outflow of approximately US$4.8 million over the same period. Continued ETF demand provides U.S. investors with regulated Ethereum exposure and suggests institutional accumulation continues despite weak short-term price movements. However, weekly inflows of $245 million are not enough to push ETH past the resistance level between $1900 and $1950.

The macro environment sends mixed signals. In the week ended August 12, U.S. equity funds attracted $2.58 billion as weak labor data and stable inflation lowered expectations for a Fed rate hike. However, technology funds recorded an outflow of US$4.62 billion over the same period. Uneven risk appetite leaves Ethereum dependent on whether spot demand can absorb selling around $1900, while leveraged traders remain concentrated on both sides of the current range.