Ethereum traded near $1,764.43 on July 5, according to crypto.news market data. The token was up 0.2% over 24 hours and 11.58% over seven days. Its market cap stood near $212.91 billion, while 24-hour volume was about $11.16 billion.
Summary
- Ethereum remains trapped between $1,700 support and $1,800 resistance as liquidation clusters frame price action.
- Vitalik Buterin’s Lean Ethereum roadmap focuses on STARKs, quantum resistance, privacy and future scalability.
- ETH’s MACD shows improving momentum, but weak volume keeps a confirmed bullish reversal out of reach.
The latest daily range showed ETH moving between $1,751.18 and $1,801.59. That placed the token close to the $1,800 resistance area after a recovery from the June low near $1,500.
ETH/USDT remains in a broader downtrend from the May highs. Still, the short-term chart has improved after buyers defended the $1,500 region and pushed price back above $1,700.
Liquidation clusters keep ETH boxed in
Traders are watching two large liquidity zones around Ethereum. One sits above price near $1,800 to $1,830, while another sits below around $1,700. This keeps ETH inside a narrow range where quick moves can reverse fast.
One trader said, “As long as Ethereum stays in this range, I’d expect chop and fakeouts.” The same view points to a bigger move only after one side of the liquidity zone gets cleared.
Crypto.news previously reported that Ethereum liquidation heatmap data showed large leverage clusters near $1,700 to $1,760 and another major zone near $1,800. Those levels remain close to the current price range.
Professor Crypto also said ETH has started to build momentum after defending the $1,500 area. He said bulls need to reclaim and hold $1,800 before the market can target $1,900 to $2,000.
Momentum improves, but confirmation is limited
The daily chart shows ETH struggling to extend above $1,780 to $1,800. The latest candle opened near $1,780.64, reached $1,780.75, and dipped to $1,748.79 before stabilizing.
Nearby support sits around $1,700. A loss of that level could return focus to $1,600 and then $1,550. A clean break above $1,800 may bring $1,830 to $1,850 into focus.
The MACD continues to improve. The histogram is positive near 30.20, while the MACD line stays above the signal line. That shows short-term bullish momentum.
Still, the MACD line remains below zero. This means ETH is in a recovery phase, not a confirmed trend reversal. Volume near 315,730 ETH also remains moderate, so buyers still need stronger activity to confirm continuation.
Source: TradingView
Crypto.news reported that Ethereum recently targeted $1,800 after a rare TD buy signal. The report also said failure to hold $1,700 could return focus to $1,650 and the lower support area near $1,500.
Vitalik’s Lean Ethereum roadmap adds long-term focus
Ethereum’s price action also came as Vitalik Buterin shared a new long-term roadmap called Lean Ethereum. The plan focuses on faster verification, stronger security and better scalability over the next several years.
The roadmap includes native recursive STARKs, post-quantum cryptography, new virtual machine designs and a larger state architecture. Reports also said the upcoming Glasterdam upgrade may raise Ethereum’s gas limit.
The plan does not guarantee short-term price gains. It does, however, shift part of the discussion away from daily ETH moves and toward Ethereum’s technical future.
For now, ETH traders remain focused on the same near-term levels. Ethereum needs to hold $1,700, break $1,800, and attract stronger volume before the recovery can target the $1,900 to $2,000 zone.
