Ethereum Sustains Above $1,850 Support, Eyes $2,060 Target

Ethereum (ETH) has maintained support above $1,850 as of July 24. Analysts predict that if this level is sustained, a resistance target of $2,060 will be in focus.

Open positions have decreased to $27.34 billion, while trading volume has increased to $37.07 billion. The funding rate remains at 0.0005%, indicating a balance between buyers and sellers in the market.