$ETH ETHEREUM TESTS A CRUCIAL SUPPORT ZONE: WILL $1,864 LEAD TO THE NEXT BREAKOUT OR A DEEPER RETRACEMENT?
MARKET SNAPSHOT
Ethereum is currently trading around $1,864, easing slightly after its recent recovery rally. Following the July 8 bottom near $1,713.48, ETH surged more than 13% to reach $1,946.49 before entering a healthy consolidation phase. Instead of erasing those gains, price is now holding above key short-term support levels, suggesting buyers are still actively defending the trend.
With Bitcoin remaining relatively stable and overall crypto sentiment improving, Ethereum is attem