Ethereum Keeps Running Into the Same Wall at $1,800

This is the fifth time in the past month that Ethereum has pushed up toward this zone and sellers have shown up to stop it.

Written by: Sophia Cruz • Tuesday, July 7, 2026 • 2 min read

• Last updated: Tuesday, July 7, 2026

Quick overview

Ethereum (ETH) is testing the $1,800 resistance level for the fifth time in a month, with sellers consistently preventing a breakout.
Recent market movements, including a sharp drop to $1,728 after a major Bitcoin sale, suggest buyers are still interested in the $1,800 level.
Analysts highlight the importance of closing above $1,796 and $1,816 to potentially target $1,844 and beyond, with significant support and resistance levels identified.
US spot Ethereum ETFs have seen inflows of $64.5 million over three days, indicating growing interest as ETH approaches a critical price point.

ETH is back testing $1,800 again, and the pattern here is hard to ignore. This is the fifth time in the past month that Ethereum has pushed up toward this zone and sellers have shown up to stop it. The level sits right around $1,796 to $1,830, and every time the price has approached it, the buying has not been strong enough to push through cleanly.

The setup going into this latest test is a bit different, though. ETH had dropped sharply to around $1,728 after news broke that Strategy sold $216 million in Bitcoin, which spooked the broader market. The recovery back toward $1,800 from that low happened fairly quickly, which at least suggests buyers are not running away from this level entirely.

Analyst Ali Martinez has been watching the $1,796 area specifically, citing it as Ethereum’s 0.8 MVRV Pricing Band, a valuation metric that has historically acted as meaningful support and resistance. His read is that a daily close above that level, and then above the TD Sequential Risk Line near $1,816, would shift the picture. If both give way, the next hurdle is around $1,844 at the top of the current channel, and clearing that would open a path toward the Realized Price near $2,245, which is where Martinez sees the next major target.

Michael van de Poppe is looking at the same chart and seeing something he has not seen in a while. He pointed out that Ethereum is forming a W-shaped recovery pattern and that ETH/BTC has been putting in its strongest relative performance against Bitcoin in over a year. He also noted that the bearish divergence signals showing up across a lot of altcoins are simply not present on Ethereum right now, which he takes as a sign that ETH has more room to run than the broader market sentiment would suggest.

The ETF side is quietly adding to the case. US spot Ethereum ETFs have seen three straight days of inflows totaling $64.5 million, with BlackRock’s ETHA leading the way at $23.3 million. It is not a massive number, but the direction matters when the price is pressing against a level it has failed at repeatedly.

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ABOUT THE AUTHOR See More

Sophia Cruz

Financial Writer - Asian & European Desks

Sophia is an experienced writer, reporter and newsdesk member, mostly on the financial sectors. For the past 5 years Sophia has covered a wide variety of topics such as the financial markets, economics, technology, fin-tech and trading. Sophia has been a part of the FX Leaders team since 2017 and works on producing valuable content and information for traders of all levels of experience.