Ethereum Holds Steady Amid Fed Rate Uncertainty

Ethereum's price remained steady at $1,880.52 on July 26, despite investors' cautious approach ahead of the US Federal Reserve's interest rate decision.

The cryptocurrency failed to break above the key $1,900 resistance level as traders continued to book profits and adopt a wait-and-watch approach.

Institutional investment products have recorded healthy inflows, helping prevent a sharper decline in ETH prices, but overall demand slowed as investors reduced exposure to risk assets.

Ethereum continues to face strong resistance near the $1,900 level, with immediate support at $1,846-$1,850 and a strong support zone around $1,823.