Today’s Ethereum price prediction shows ETH trading near $1,750 after pulling back roughly -2% in the past 24 hours, a mild pause following a +6% seven-day rally that briefly pushed it above $1,800. The question now is whether this consolidation is a matter of digestion or distribution. Two critical levels will answer that.
The recent bounce has been driven by a measurable shift in derivatives sentiment. According to CoinGecko, ETH’s seven-day range ran from roughly $1,553 to $1,827, with the recovery accelerating after Net Taker Volume, the difference between buyer-initiated and seller-initiated trades in ETH perpetual futures markets, flipped positive on June 28.
Since that flip, ETH has gained approximately +14%. US spot ETH exchange-traded funds have also posted three consecutive days of net inflows, per SoSoValue, a quiet but notable demand signal from institutional buyers.
That macro backdrop gives the chart something to work with. Whether the technicals can follow through is the harder question. It becomes even harder when news dropped that the US and Iran have resumed the conflict in the Middle East.
Ethereum Price Prediction: Can ETH Reach $2,000 Before the Next Resistance Test?
$ETH has lost the $1,750 support zone.
A daily close below the level would be really bad for Ethereum. pic.twitter.com/E6EKo2TgAK
— Ted (@TedPillows) July 8, 2026
The Ethereum price prediction shows that the second-largest digital asset is in a consolidation band just above key support at $1,725–$1,775. According to analysis on TradingView, that zone is the line in the sand: a decisive close below it would, as one widely shared idea put it, “invalidate the bullish setup.” For now, price is holding. The 24-hour range of $1,757–$1,808 shows bulls defending the lower bound of the range on each dip.
On the derivatives side, the data is nuanced. Open interest has remained largely flat throughout the recovery, and the Estimated Leverage Ratio, which compares open interest to exchange reserves to gauge how much borrowed capital is at work, has not meaningfully recovered from its June decline.
That cuts both ways. It reduces the risk of a cascade of forced liquidations (a “leverage squeeze”) unwinding the rally. It also signals that traders are leaning bullish without fully committing, cautious optimism, not conviction. ETH recorded $103.1M in liquidations over the past 24 hours, with $78.4M of that from short positions, per Coinglass data via Coinbase.
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The scenario breakdown looks like this:
- Bull case: ETH holds $1,725–$1,775 on any retest, breaks above $1,845–$1,865 resistance, and targets $1,975–$2,000, a zone where prior supply likely re-emerges.
- Base case: Price consolidates between $1,725 and $1,850 for several days as leverage builds and macro sentiment firms up further.
- Bear/invalidation: A clean break below $ 1,700 opens the lower supply zone at $1,625–$1,650 and puts the entire recovery thesis under pressure.
The on-chain support analysis for ETH reinforces this read: $1,750 is not an arbitrary line; it clusters with meaningful historical buyer activity. Watch that level closely into the weekend.
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LiquidChain Targets Early-Mover Upside as Ethereum Tests Key Levels
ETH at $1,750 is a recovery story, but it’s also an asset with a $213Bn market cap, meaningful gains from here require sustained institutional demand at scale. For traders looking for asymmetric exposure to Ethereum’s momentum rather than its price alone, the infrastructure layer underneath is worth examining.
LiquidChain (LIQUID) is a Layer 3 protocol built on top of existing Layer 2 networks to add specialized functionality. The infrastructure project positions itself as a cross-chain liquidity layer that fuses liquidity from Bitcoin, Ethereum, and Solana into a single execution environment.
Think of it as a universal adapter for the three largest crypto ecosystems. Its core architecture includes a Unified Liquidity Layer, Single-Step Execution, Verifiable Settlement, and a Deploy-Once framework, meaning developers write one contract and access all three networks simultaneously, rather than rebuilding and auditing separate deployments for each chain.
The presale is currently priced at $0.01477 per $LIQUID token, with $889,886.53 raised to date.
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