Ethereum drops to 14-week lows: Can ETH price hold $1.8K support?
Ether fell to $1,814, its lowest in over 14 weeks, after losing support at $2,000 and $2,200. The $1,800 level is now the key line to watch: traders say holding above it could trigger a rebound, while a breakdown may open downside toward $1,700, $1,600, or even the $1,250–$1,200 zone where more buying interest exists. The daily RSI dropped to 25, showing heavy downside pressure and oversold conditions, though that can also signal sellers are tiring. Weakness is being reinforced by poor US demand. Ethereum’s Coinbase Premium turned deeply negative, suggesting US investors are selling at a discount. At the same time, US spot ETH ETFs have seen 16 straight days of outflows, totaling about $847 million, alongside large global investment-product outflows. Overall, bearish momentum remains dominant unless $1,800 holds.
