Ethereum Tests $1,800 Zone Where 4.3M ETH Changed Hands
The post Ethereum Tests $1,800 Zone Where 4.3M ETH Changed Hands appeared on BitcoinEthereumNews.com. Ethereum News Ethereum (ETH) is testing the heavy supply zone around $1,800, a level where roughly 4.3 million ETH previously changed hands. Trading near $1,780 in recent sessions, the second-largest cryptocurrency by market value is attempting to reclaim a band that on-chain cost-basis data marks as a dense accumulation region. The UTXO Realized Price Distribution — an on-chain metric that maps how much supply moved at each price — shows this cluster now acts as stiff overhead resistance. A decisive close above $1,800 would signal buyers absorbing that supply, while a rejection risks a swifter slide. Follow our full Ethereum coverage as the level is contested. Should Ethereum convert the $1,800 barrier into support, the next upside objectives sit at $1,980 and $2,079, based on price-structure levels flagged across the charts. Those targets remain well beneath Ethereum’s all-time high,