In this video I break down potential price targets for Ethereum and analyze the current bear market structure. By applying Elliott Wave theory and technical analysis, I examine whether the recent bounce is a reversal or a corrective move that precedes further downside. I detail the key support and resistance levels that define the immediate outlook and provide projections for where the next bull market cycle could lead.
Ethereum (ETH) is trading at approximately $1,865 as of August 1, 2026, marking a 24-hour decline of roughly 2% following a sharp rejection from its multi-week highs. The cryptocurrency closed July with an impressive 20.3% monthly gain, outperforming Bitcoin, but it has entered August under immediate selling pressure.
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Ethereum (ETH) Price News & Insights Today 1-8-2026 - Technical analysis, focusing on market structure, key support and resistance zones. Video by More #Crypto Online.
Ethereum Insights Today
-Broader market sentiment reflects persistent caution, with overall market indicators pointing to an ongoing requirement to clear major moving averages before a structural macro reversal can take place.
-Short-term predictions via Changelly estimate a marginal push toward $1,912.27 over the next couple of days if minor support holds firm against broader macroeconomic pressures.
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