Ethereum Price Tests Fragile Support Near $1,800

Ethereum's price has been under pressure, falling to a 14-week low near $1,814 on Wednesday. This marks its weakest level since late February and leaves the token clinging to fragile support near $1,800.

Analysts remain split on whether buyers can hold the line here, with some warning that $1,800 stands as the last support before fresh lows, while others flag $1,600 as the next stop on a clean breakdown. A deeper failure could expose the $1,200 region, where wallets earlier absorbed more than 1.4 million tokens.

The fund flows look grimmer still, with spot Ethereum ETFs logging 16 straight days of net withdrawals, their longest losing run since March 2025 and close to $847 million pulled over the stretch. Global Ethereum funds shed another $257 million over the same week.