Ethereum price fell 2.6% toward $1,870 on Aug. 11 after another rejection below $1,950 triggered long liquidations, while traders reduced risk ahead of the latest U.S. inflation report.<\/p>\n
\n Summary<\/span>\n <\/p>\n <\/p>\n According to data from crypto.news, Ethereum (ETH<\/a>) price traded near $1,870 during the latest session after sellers rejected another attempt to hold above the $1,900 psychological level. The decline extended from the Aug. 10 high near $1,935 and briefly pushed the token toward an intraday low of approximately $1,867.<\/p>\n ETH had recovered to around $1,886 by the time the accompanying charts were captured, reducing part of the daily loss. However, the rebound left the price below the short-term resistance area that has contained every advance since late July.<\/p>\n The decline follows several days of compression between roughly $1,850 and $1,950. Ethereum briefly approached the upper end of that range during the previous session, but buyers could not generate enough momentum to secure a daily close above $1,900.<\/p>\n <\/p>\n That rejection reversed the setup observed one day earlier, when Ethereum had held $1,900<\/a> while traders watched liquidity near $1,950. The loss of $1,900 has now returned attention to the lower boundary of the range.<\/p>\n The 4-hour chart shows that ETH remains in a wider recovery from its late-June low near $1,520. Still, its recent sequence of higher lows has not produced a decisive higher high above the July peak near $1,970, leaving the market without a confirmed breakout.<\/p>\n The immediate pressure came from Ethereum\u2019s failure to clear the $1,900\u2013$1,950 resistance zone. Repeated rejections in the same area encouraged short-term traders to take profits, while the move below $1,900 exposed leveraged long positions opened in anticipation of a breakout.<\/p>\n The 4-hour Bull Bear Power indicator has fallen to -25.44, showing that sellers have regained short-term control. Negative readings do not guarantee an extended decline, but they show that buying pressure has weakened since ETH approached $1,930.<\/p>\n The 4-hour Supertrend has also flipped bearish, placing dynamic resistance at approximately $1,925. ETH would need to reclaim that level before the indicator supports another move toward $1,950.<\/p>\n Broader risk appetite remains cautious before the July U.S. Consumer Price Index report. The Bureau of Labor Statistics will publish the data on Aug. 12 at 8:30 a.m. Eastern, making it the next major macroeconomic catalyst for U.S. crypto traders.<\/p>\n A hotter-than-expected reading could support a higher-for-longer Federal Reserve policy outlook and pressure speculative assets. Softer inflation, by contrast, could improve liquidity expectations and help ETH challenge its overhead resistance.<\/p>\n Rising energy prices have added uncertainty to that outlook. Higher oil costs can feed into headline inflation and complicate expectations for future U.S. interest-rate decisions, although the direct effect on Ethereum will depend on the CPI result and the market\u2019s response.<\/p>\n The 3-day CoinGlass liquidation heatmap shows a dense concentration of leveraged positions near $1,895, just above Ethereum\u2019s current price. This is the closest major upside liquidity pool and could attract price if ETH\u2019s recovery continues.<\/p>\n A move through $1,895 could liquidate nearby short positions and accelerate a return above $1,900. The resulting forced buying may then expose smaller liquidity bands between approximately $1,915 and $1,930.<\/p>\n The strongest overhead concentration appears near $1,940. That level sits inside the same resistance zone that stopped Ethereum\u2019s recent advances, making it both a technical barrier and a potential short-squeeze target.<\/p>\n Downside liquidity is concentrated around $1,857. A decline into that area could trigger another wave of long liquidations before buyers attempt to defend the broader $1,840\u2013$1,850 support zone.<\/p>\n The heatmap therefore places ETH between two nearby leverage targets. Price compression within this structure raises the chance that a break on either side produces a sharper move as exchanges close positions caught offside.<\/p>\n Ethereum\u2019s daily chart presents a mixed setup. ETH is trading below its 20-day simple moving average at $1,892.52 and its 100-day average at $1,895.32, creating immediate resistance around $1,890\u2013$1,900.<\/p>\n The token also remains well below the 200-day SMA at $2,040.56. That long-term average would become relevant only if ETH first breaks $1,950 and then establishes support above $2,000.<\/p>\n The 50-day SMA at $1,810 provides the closest major dynamic support below the current range. Its upward slope reflects the recovery from June, but a move toward that average would confirm that the $1,850 floor had failed.<\/p>\n Daily momentum remains neutral rather than deeply bearish. The Relative Strength Index stands at 51.63, slightly below its signal average of 53.51. That reading gives sellers some short-term control without placing Ethereum near oversold conditions.<\/p>\n Analyst Ted Pillows identified $1,850 as a must-hold area if Ethereum is to produce another push above $1,900. His chart places subsequent upside levels near $2,000 and $2,190, while a confirmed loss of the current support could open a decline toward $1,700 and eventually the $1,550 region.<\/p>\n Daan Crypto Trades offered<\/a> a similar range assessment, arguing that ETH must break and hold $1,950 to open a move above $2,100.<\/p>\n \u201cEspecially seeing how compressed price has been here, a breakout (to either side) should come with a decent squeeze of positions that are caught offside.\u201d<\/p>\n<\/blockquote>\n He also marked $1,850 as the bullish invalidation level. Together, the two assessments establish a clear short-term structure: $1,850 controls the downside, while $1,950 separates continued consolidation from a stronger recovery.<\/p>\n Institutional demand provides some support despite the short-term price weakness. U.S. spot Ethereum ETFs attracted approximately $244.9 million during the week ended Aug. 7, according to recent flow data<\/a>.<\/p>\n Those inflows challenge the idea that institutional investors have completely withdrawn from ETH. However, ETF demand has not yet been strong enough to force a breakout through the $1,950 resistance area.<\/p>\n The next directional move may depend on whether U.S. inflation data strengthens or weakens the dollar and Treasury yields. A favorable response could help Ethereum reclaim $1,900 and target the $1,925 Supertrend level, followed by the $1,940\u2013$1,950 liquidity zone.<\/p>\n Failure to recover $1,900 would keep ETH vulnerable to another test of $1,857 and $1,850. A daily close below that support would expose the 50-day SMA near $1,810, while sustained selling could place the July consolidation area around $1,700 back in focus.<\/p>\n For now, Ethereum remains compressed between a well-defended floor and heavy overhead supply. The reaction at $1,850 or a confirmed break above $1,950 will provide stronger evidence of the market\u2019s next trend.<\/p>\n\n
Ethereum price falls below $1,900<\/h2>\n
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Why Ethereum price is under pressure<\/h2>\n
ETH liquidation map points to $1,895 and $1,940<\/h2>\n
![\"Ethereum](\"https:\/\/media.crypto.news\/2026\/08\/ETH-Liquidation-Heatmap3-day-2026-08-11_16_16_10.webp\")
Ethereum technicals keep $1,850 in focus<\/h2>\n
![\"Ethereum](\"https:\/\/media.crypto.news\/2026\/08\/ETHUSDT_2026-08-11_16-16-58-1.webp\")
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U.S. CPI could decide Ethereum\u2019s next move<\/h2>\n