📉 $ETH rebounds to $1,800 after plunging overnight

Ethereum is currently trading around $1,800, down 6.36% in 24 hours, with trading volume of about 1.04 billion USDT. Today, the price ranged from $1,711 to $1,923.

$ETH plunged to $1,711 overnight—the lowest point in this correction—before recovering above the psychological $1,800 mark this morning. The Ethereum Foundation's sell-off (7,500 ETH over 4 days) is still a hot topic, although this is the organization's regular activity to fund its operations.

📌 Knowledge corner: The $1,800 mark is an important psychological level for $ETH —if it holds, a technical rebound is still possible; if it breaks, the next support level to watch is around $1,700, which is also today's low.

Do you think $ETH will hold the $1,800 mark—or will it retest the $1,711 low?