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Analysts warn: Ethereum needs to hold on to $1580 for a rebound, after failing to rise to $1,826

2026-07-10 00:30:35
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Ethereum prices have been under pressure in the short term, and key support levels have become the focus.

Ethereum prices have repeatedly tried to break through the resistance of US$1826 in the short term without success, and have continued to retract and test the main support around US$1580. Amid the volatile pattern between these two key levels, the market continues to look for direction amid violent fluctuations.

Short-term resistance focuses on US$1826

After its latest rebound attempt, Ethereum fell below US$1826 again-a level that remains the key to short-term price movements. Continued pressure suggests that buyers need to transform this area back into solid support to regain market dominance.

The chart shows that US$1826 has served as an important breakthrough level many times. When Ethereum falls below this threshold, the upward momentum tends to weaken, increasing the possibility of continued consolidation. Analyst Cryptorphic pointed out that as long as Ethereum remains below $1826, caution will dominate, and only by regaining this critical level will a more constructive structure emerge.

Cryptorphic emphasized that the $1826 area is extremely important to buyers and Ethereum must regain the area to regain a stronger technological position.

Ethereum is below the moving average, further exacerbating resistance pressure. The upper track near $1800 and the $1826 mark together constitute a concentrated selling pressure area. Unless this resistance is resolutely breached, market attention may turn back to the support range between $1625 and $1621.

On the other hand, if Ethereum successfully breaks through and stands above $1826, traders may see a clearer signal that buying forces are recovering, and the short-term rebound momentum is expected to increase.

US$1580 becomes a key level in a larger cycle

From the weekly chart, US$1580 is a more important technical barrier. Ethereum has repeatedly identified the region as a strong demand area in recent years, so the current testing is particularly noteworthy for participants focusing on long-term trends.

According to Ali Charts, historically, a response of $1580 has driven significant increases: a surge of 149% in October 2023 and a 203% increase after testing in April 2025. This record has attracted much attention to the current price trend, and traders are waiting for the results of the latest backtest.

Overview of key prices
-US$1826: The primary short-term resistance to be recovered
- 1625-US$1621: If resistance persists, the immediate support range to focus on
-US$1580: Major weekly support, critical to the long-term trend structure

The recent rebound has brought Ethereum back into the $1800 range, but repeated testing of this level of support has raised concerns that buying liquidity may run out over time, weakening the foundation. As a result, market observers are watching closely whether Ethereum can close above $1580 in a higher time frame, a factor that could determine the next major trend.

Ali Charts pointed out that holding the $1580 level means that another round of upward momentum is still possible, and losing this support may weaken the prospects for sustained recovery.

As long as Ethereum trading is above $1580, the recovery scenario remains. However, if this support is clearly broken, the risk of a deep correction will increase and the existing bullish logic will also face greater pressure.

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