ETH Price at Risk of Sub-$1.5K as Range Breakdown Pressures Buyers

ETH is trading under heavy selling pressure after losing a key support area, with price slipping toward the lower end of its range. The later update highlights a clearer daily structure: ETH is boxed between $1,75K–$1,85K resistance and a $1,45K–$1,55K demand zone. After the breakdown, ETH briefly found bids just above ~$1,5K, but rejection from the demand area suggests buyers are only defending the floor for now. On the daily chart, ETH also remains below the 100-day and 200-day moving averages, both sloping down—keeping the broader trend bearish even if the market looks range-bound between the two zones. On the 4-hour chart, the article points to a post-$2K breakdown bounce that could face resistance at the Fibonacci cluster $1,82K–$1,90K (0.618/0.702/0.786). Rejection there could turn the rebound into another bearish retest, while a decisive move above $1,90K would weaken the bearish case and may reopen the $2,00K–$2,05K area. Derivatives data adds another trigger: Binance liquidation liquidity is concentrated around $1,70K–$1,80K. That could fuel a short-term relief rally toward $1,86K–$1,90K, but any bounce is likely to be corrective unless ETH reclaims the major resistance zone.