Ethereum Bears Target $1,800 ETH Price: Here Is Why

May 8, 2026 - 13:30
Ethereum Bears Target $1,800 ETH Price: Here Is Why
Ether’s (ETH) price has retraced by over 5.6% to $2,275 after being rejected by resistance at $2,400. Now, multiple data points suggest ETH/USD may drop below $2,000. Key takeaways: Low network activity signals declining usage and reduced onchain demand for ETH. Coinbase Premium remains negative as spot Ethereum ETF outflows returned, reflecting strong US-driven sell...

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