Ethereum returned above $1,800 after rebounding from the $1,750 area, putting the market’s next resistance band between $1,820 and $1,850 back in play.
ETH traded near $1,809, up about 0.7% over 24 hours, after moving between $1,780 and $1,828. The intraday push briefly cleared $1,820, but the market still needs to hold the level through a stronger daily close before the breakout extends toward $1,850 and $1,900.
The move follows an earlier test of the same resistance cluster. Ethereum previously approached a $1,800 breakout with its MVRV pricing band, TD Sequential resistance and a heavy onchain cost-basis zone converging between roughly $1,796 and $1,816.
A failure to hold above that range would leave $1,780 as the first short-term support, followed by the recent reaction low near $1,750. A break below $1,750 would return ETH to the range that contained price before the latest rebound.
ETH/BTC Ratio Strengthens Near 0.028
Ethereum has also gained ground against Bitcoin. The ETH/BTC ratio traded near 0.0283, close to the upper end of its recent range after pushing through a descending trendline that had restricted the pair during the first half of 2026.
The relative-strength move gives ETH a firmer backdrop than a dollar-price rebound alone. Bitcoin traded near $63,900 during the latest market check, leaving Ethereum’s attempt to reclaim $1,820 tied to continued strength in the ETH/BTC pair.
Bitfinex positioning has become increasingly one-sided during the rebound. ETH margin longs rose sharply, adding leverage behind the breakout attempt. Heavy long positioning can accelerate gains when resistance clears, but it also increases liquidation exposure if ETH falls back below $1,780.
ETF Flows And Withdrawals Support Spot Supply
U.S. spot Ethereum ETFs attracted a combined $84.3 million between July 6 and July 10. The funds recorded $20.7 million on July 6, $26.9 million on July 7 and $70.5 million on July 8, followed by a $52.2 million outflow and an $18.4 million recovery. Fidelity’s FETH accounted for most of the July 8 inflow.
The renewed demand follows an earlier period when Ethereum ETF inflows remained uneven across BlackRock, Fidelity and Grayscale products.
Exchange balances have tightened alongside the ETF activity. Binance recorded more than 166,000 Ethereum withdrawal transactions in one day, the highest level in more than three years. Futures interest has continued to expand faster than spot volume, leaving the $1,820 to $1,850 band as the immediate test for whether leveraged demand can convert into a sustained price break.
