# Ethereum Price Analysis: ETH Defends Key Levels Ethereum's dream of reaching $2K remains alive as it holds crucial support. - **Source:** [CryptoPotato](https://brifing.si/source/bd22636b-ec8d-42a8-8cca-1937c50e0f6c) - **Published:** 2026-07-18 - **Topic:** [Finance](https://brifing.si/c/finance) - **Original article:** - **On Brifing:** https://brifing.si/s/d827d8c0-f0be-4520-bf91-92ff40ba634d ## Ethereum's Current State Despite a strong recovery from June lows, Ethereum remains below a major resistance level. Failing to sustain above $1.9K, ETH has retreated to the $1.75K-$1.85K support zone, which is now critical for buyers. ## Daily Chart Indicators On the daily timeframe, ETH continues to trade below the descending 100 and 200-day moving averages, indicating a bearish market structure. However, the $1.75K-$1.85K support zone acts as a key defense line for buyers. ## Key Resistance Zone The $2K-$2.15K range is the most significant resistance for Ethereum, aligning with the long-term descending trendline and the 100-day moving average. A breakout here could signal a structural improvement. ## 4-Hour Chart Movements On the 4-hour chart, Ethereum pulled back after failing to break above the recent high near $1.95K. It has now returned to the short-term support zone of $1.76K-$1.84K, which has been a buyer stronghold since early July. ## Liquidity and Market Sentiment The liquidation heatmap shows a high concentration of short liquidations around $1.95K-$2K, aligning with technical resistance. This increases the likelihood of ETH testing these levels to sweep leveraged shorts before facing selling pressure. ## Conclusion and Outlook Ethereum's chance of reaching $2K depends on holding key support levels. If these hold, an upward move is possible. However, a break below support could see ETH testing the $1.7K level before another recovery attempt. ## Sources covering this story - https://cryptopotato.com/ethereum-price-analysis-2k-dream-remains-on-the-table-as-eth-defends-key-levels/ — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._