According to CoinMeta, the price of Ethereum fell by 2% on August 3 and is currently around $1847, with the support level of $1800 being threatened. Ethereum has declined by 2.04% in the past 24 hours, with a high of $1886 and a low of $1829 during the day. Analysis indicates that buyers have repeatedly failed to maintain prices above the resistance range of $1950 to $1975, and the current support level is between $1828 and $1800. Ethereum's 50-day simple moving average is at $1889, the 100-day SMA at $1927, and the 200-day SMA at $2089. Analyst Ted Pillows stated that the current support range is crucial for Ethereum's next move; if the $1800 level is lost, it could fall towards $1700.