On July 16, 2026, Ethereum (ETH) returned above $1,900 after 43 days. After briefly hitting a $1,946 intraday high, it slipped slightly; it is now trading near $1,920.

Supported by upside momentum as the U.S. June CPI and PPI came in below expectations, rate-cut expectations warmed and drove the rally. Increased institutional interest, including Morgan Stanley filing an ETF application and the ETF continuing to record net inflows, has become an important catalyst.

Key Levels & Strategies (for reference only, not investment advice)

· Core support: $1,900-$1,905 (Bollinger middle band and the key integer level). If the pullback dips and holds, it offers a short-term long opportunity.
· Downside defense: $1,860-$1,880. If $1,900 breaks down, you can watch this range.
· Key resistance: $1,947-$1,950 (the intraday high and the Bollinger upper band). This is the main resistance zone right now.
· Breakout targets: If it effectively holds above $1,950, it could be seen in the $1,968-$2,000 area.
· Stop-loss reference: For longs, a stop-loss is suggested to be placed below $1,890.

Although the medium-term trend is bullish, in the short term after testing the resistance zone there is a need for profit-taking and pullback correction (a death cross on KDJ at high levels). From a trading perspective, it is more advisable to go long after a pullback and watch for stabilization around $1,900. For aggressive short positions, you must strictly set stop-losses above $1,955 and take profits quickly. Uncertainty around geopolitics (the U.S.-Iran situation) should also be kept in mind.

The above analysis is based on technicals; the market can change rapidly. Please strictly control position sizing and risk. #以太坊