Ethereum price faces $1,850 risk after $1,900 loss

Ethereum price fell 2.4% from $1,918 to an intraday low of $1,872 as traders sold the initial U.S. inflation reaction, leaving ETH below $1,900 and testing a key daily support zone. Summary Ethereum price dropped 2.4% to $1,872 after its post-CPI advance stalled below resistance. $1,875 is the immediate support, while 4-hour momentum remains tilted toward sellers. Liquidation liquidity is concentrated near $1,945–$1,955, creating a possible upside price magnet. A break below $1,850 could expose $1,835, followed by the broader $1,750 support level. Ethereum price action today According to data from crypto.news, Ethereum (ETH) price traded near $1,879 at the time of writing after falling from an intraday high around $1,918 to $1,872. The decline erased the token’s initial response to the latest U.S. Consumer Price Index report and returned ETH below the psychological $1,900 level. The U.S. Bureau of Labor Statistics reported that headline inflation rose 0.1% month over month and 3.4% from a year earlier in July. Core inflation increased by 0.2% in the month and 2.5% annually. All four readings matched market forecasts. An expected result removed the risk of an inflation surprise but ...