Analyst: Ethereum price trends turn bullish, but $1800 remains a resistance level.
CoinWorld reports that Ethereum’s current price is approximately $1,777.5, up 0.5% in 24 hours. The daily high is $1,819.88 and the daily low is $1,732.10. Daily trading volume is about $17.08 billion, and the $1,800 level forms short-term resistance. If the daily candle closes above $1,800, it may trigger a stronger rebound.
Sosovalue shows that on July 6, spot ETF net inflows were approximately $29.08 million, and BlackRock’s ETHA recorded net inflows of about $29.74 million. Ali Charts notes that ETH is testing the 0.8 MVRV band at $1,796; if it closes and holds above this level, it could boost momentum. If it breaks above the TD risk line at $1,816, it may test $1,844 resistance.
Sosovalue shows that on July 6, spot ETF net inflows were approximately $29.08 million, and BlackRock’s ETHA recorded net inflows of about $29.74 million. Ali Charts notes that ETH is testing the 0.8 MVRV band at $1,796; if it closes and holds above this level, it could boost momentum. If it breaks above the TD risk line at $1,816, it may test $1,844 resistance.
