Ethereum drops to 14-week lows: Can ETH price hold $1.8K support?

Written by Nancy Lubale , Staff Writer.Reviewed by Allen Scott , Staff Editor.Written by Nancy Lubale , Staff Writer.Reviewed by Allen Scott , Staff Editor.Ethereum drops to 14-week lows: Can ETH price hold $1.8K support?MarketsPublishedJun 3, 2026Ethereum price slides to a 14-week low as weakening demand and persistent ETF outflows put the key $1,800 support at risk.Ether (ETH) dropped to $1,814 on Wednesday, its lowest in over 14 weeks, raising concerns about whether the ETH/USD pair can stabilize above key liquidity zones near its multi-year lows at $1,800. ETH/USD 1-hour chart. Source: Cointelegraph/TradingViewKey takeaways:Ether fell to a 14-week low near $1,800, with traders warning a breakdown could trigger deeper losses toward $1,200-$1,600.The Coinbase Premium Index hit its lowest level since February, signaling persistent weakness in US spot demand.Spot Ethereum ETFs logged sixteen straight days of outflows.Ether sits on weak support at $1,800Ether’s technical structure has weakened after losing support at $2,000 and $2,200. Note that all the major moving averages lie within this zone on the daily chart.Today, ETH traded as low as $1,814 on Bitstamp, while the daily relative strength index (RSI) fell to 25, its lowest level since Feb. 6, highlighting strong downside pressure and oversold conditions. Related: Bitmine buys $52M ETH as Tom Lee says price not yet showing Ethereum’s strengthHowever, this might also mean that the sellers are losing momentum, suggesting a possible price rebound from current levels, akin to the 39% rebound seen in February.ETH/USD daily chart. Source: Cointelegraph/TradingViewTraders say Ether’s bullishness hinges on the ETH/USD pair holding above the crucial $1,800 support.“$ETH almost tapped the $1,800 level today,” analyst Ted Pillows said in a Wednesday post on X, adding:“This is the last support zone for Ethereum before new lows.”An accompanying chart revealed that a break below $1,800 would bring areas below $1,700 in…

Ethereum drops to 14-week lows: Can ETH price hold $1.8K support?

Coins in this story

Related stories

Hyperliquid bear turns bullish after losing over $46M shorting HYPE

World Cup Crypto Scams Are Targeting Soccer Fans, Law Enforcement Warns

Walrus Memory Enables AI Agents to ‘Actually Learn About Us’: Mysten Labs Co-Founder